Online Access Free SOFQ Exam Questions

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

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

An example of an organisation classified as a sovereign wealth fund is:

• A.China Investment Corporation
• B.Xerox Corporation
• C.German Government
• D.United Nations

The date on which a securities trade is intended to settle is:

• A.The actual settlement date
• B.The value date
• C.The trade date
• D.The contractual trade date

Where the term 'Ordinary Shares' is used in the UK, the equivalent term in the US is:

• A.Normal Shares
• B.Common stock
• C.Ordinary Stock
• D.Corporate Shares

The two choices for the settlement method utilised within a securities market are:

• A.Tumbling Settlement' and 'Continuing Settlement'
• B.'Rolling Settlement' and 'Account Settlement'
• C.'Continuing Settlement'and'Account Settlement'
• D.'Account Settlement1 and Tumbling Settlement'