SOFQ 試験問題を無料オンラインアクセス

Accrued interest is designed to:

• A.Compensate the seller of an interest-bearing bond for interest earner, (but not paid) relating to the next coupon payment date
• B.Compensate the buyer of an interest-bearing bond for interest earned, (but not paid) since the previous coupon payment date
• C.Compensate the seller of an interest-bearing bond for interest earned, (but not paid) since the previous coupon payment date
• D.Compensate the buyer of an interest-bearing bond for interest earned, (but not paid) relating to the next coupon payment date

Grey market trading refers to:

• A.Trading of equity and bonds by investors aged 65 and over at the start of the tax year
• B.Trading in convertible and exchangeable bonds prior to their conversion
• C.Trading in corporate bonds following the bondholder's decision to take-up a put option
• D.Trading in a new issue of bonds by parties not involved in the syndication process

A S.W.I.FT. MT541 instructs a custodian to:

• A.Receive securities on a Delivery versus Payment basis
• B.Deliver securities on a Free of Payment basis
• C.Deliver securities on a Delivery versus Payment basis
• D.Receive securities on a Free of Payment basis

DTC - the central securities depository for US equities is the abbreviation for:

• A.Depository Trust Company
• B.Deposit and Trade Conglomerate
• C.Depot Transaction
• D.Depot for Trades Corporation

The type of organisation that specializes in deposit-taking and cash loans is known as a:

• A.Investment bank
• B.Mutual fund
• C.Commercial bank
• D.Private bank