CMFAS M8 (Set 2)
SGD 39.90
3 Apr 2025
CMFAS M8 Exam Question
Which of the following is NOT true regarding banker’s acceptances?
a) They are used to facilitate international commercial trade transactions.
b) They represent a claim on the issuing bank.
c) They have no maturity date.
d) They are issued at a discount to face value.
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CMFAS M8A (Set 2)
SGD 39.90 Add to cart3 Apr 2025
CMFAS M8A Exam Question
Which of the following is NOT an early termination feature in a structured product?
a) Callable option.
b) Kick-in option.
c) Knock-out option.
d) Default option.
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CMFAS M8 (Set 1)
SGD 39.90 Add to cart3 Apr 2025
CMFAS M8 Exam Question
Which of the following actions can be taken to secure a price now to protect against future declining prices of a commodity?
a) Go long on the commodity futures contract.
b) Go short on the commodity futures contract.
c) Sell all existing stock of the commodity.
d) Buy more stock of the commodity.
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CMFAS M8A (Set 1)
SGD 39.90 Add to cart3 Apr 2025
CMFAS M8A Exam Question
Structured Funds have which of the following types of characteristics compared to other types of wrappers?
a) High administrative cost.
b) Capital guaranteed.
c) Flexibility.
d) Transparency.
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CMFAS M1B (Set 1)
SGD 39.90 Add to cart3 Apr 2025
CMFAS M1B Exam Question
A Representative must not directly or indirectly deal in securities which involve no change of beneficial ownership unless it is a:
a) swap sale
b) wash sale
c) trade sale
d) time sale
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CMFAS M1A (Set 1)
SGD 39.90 Add to cart3 Apr 2025
CMFAS M1A Exam Question
A contract made on SGX-ST can be cancelled only if:
a) delivery fails
b) payment is not made on delivery
c) the share registrar refuses to register a transfer
d) the CMS licence holders to an error trade have agreed to the cancellation
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CMFAS M2A (Set 1)
SGD 39.90 Add to cart3 Apr 2025
M2A Exam Question
Which type of market manipulation describes a situation whereby a broker trades the opposite side of a customer's order with the intention to profit from the customer's order?
a) Bucketing
b) Cornering
c) Monopolising
d) Inflating
