M6A

Showing all 2 results

  • CMFAS M6A (Set 1)

    SGD 39.90 Add to cart

    3 Apr 2025

    CMFAS M6A Exam Question

    Which of the following statements is NOT true regarding foreign exchange swap agreements?

    a) It is a contract in which one party borrows one currency from one party and simultaneously lends another currency to another party.

    b) Each party uses the repayment obligation to its counterparty as collateral and the amount of repayment is fixed at the foreign exchange forward rate as determined by the contract.

    c) Foreign exchange swaps can eliminate foreign exchange rate risks.

    d) Foreign exchange swaps have counter-party risks.

  • CMFAS M6A (Set 2)

    SGD 39.90 Add to cart

    3 Apr 2025

    CMFAS M6A Exam Question

    Which of the following statements regarding futures is false?

    a) Futures are traded in contracts.

    b) Each futures contract has a standard size which is set by the futures exchange it trades on.

    c) Not all futures have an underlying asset.

    d) Some futures require delivery of the actual commodity.