Test your knowledge: Back office – Advanced level
Test your knowledge about operations, as well as ICT processes, finance & control, accounting and legal aspects
Knowledge related to Operations, Business Control & Finance is not just relevant for Back Office staff, but also for IT specialists, legal experts, compliance officers, controllers and accountants.
At this advanced level you are tested with respect to your skills, the application of knowledge and therefore practice
An offer is:
A real option is:
A bank makes a market in the EUR/USD exchange rate: 1.4034-1.4036. Suppose you sell 10 million USD to them, then what do you receive?
A bank makes a market in the EUR/USD exchange rate: 1.4034-1.4036. Suppose you buy 10 million USD from them, then what do you receive?
Suppose the EUR/USD rate is quoted at 1.4471-1.4473 and the USD/ILS is priced at 11.60-11.62 then what is the ask rate for EUR/ILS?
The mid price is:
Counterparty risk is managed by having in place:
An embedded option is:
How are weather derivatives settled?
In a master agreement is agreed upon: