Online Access Free FMFC Exam Questions

Which of the following is NOT a vlue-weighted index?

• A.FTSE10C0
• B.DJIA
• C.CAC40
• D.S&P 500

A spot FX trade would traditionally follow which of the following settlement conventions?

• A.T + 2 days
• B.Same day
• C.T + 1 day
• D.T + 3 days

Futures contracts are described as fungible (i.e. each contract is the same as all others).
Why is this true?

• A.Because the contract terms are negotiable
• B.Because the contract periods run consecutively
• C.Because the clearing house is allowed to run long and short positions
• D.Because the clearing house acts as a counterparty to all trades

The yield to maturity of a bond is calculated with reference to which of the following:?

• A.Coupon, maturity, redemption value, current value and expected sale price only
• B.Coupon and maturity only
• C.Coupon, maturity, redemption and current value only
• D.Coupon, maturity and redemption value only

What sort of company is Bloomberg?

• A.Data vendor
• B.Trade association
• C.Regulator
• D.Legal firm