SOFQ Practice Exam Questions with Answers Securities Operations Foundation Qualification (SOFQ) Certification

'Account Settlement1 and Tumbling Settlement'

Tumbling Settlement' and 'Continuing Settlement'

'Continuing Settlement'and'Account Settlement'

'Rolling Settlement' and 'Account Settlement’

Floating rate notes

Zero coupon bonds

Convertible bonds and Exchangeable bonds

Fixed rate bonds

International Securities Identification Number; a 13-character alpha-numeric code

International Secondary ID Notation; a 13-character alpha-numeric code

International Securities Identification Number; a 12-character alpha-numeric code

International Secondary ID Notation; a 12-character alpha-numeric code

The total ownership position is equal to the sum of open and closed trades with counterparties

The total settled position is equal to the sum of open trades and trades with a future value date

The total ownership position is equal to the sum of the settled positions plus/minus open trades with counterparties

The total settled position is equal to the sum of open and closed trades with counterparties

Investment bank

Insurance company

Commercial bank

Pension fund

A region code, a country code and a city code

A bank code, a country code and a location code

A continent code, a country code and a municipality code

A bank code, a continent code and a currency code

USD 1.89

USD 18.90

USD 189.00

USD 1890.00

Invention of Standards for Organisations

Intercontinental Symposium of Organisations

International Organisation for Standardisation

Intraterritorial Organisation of Securities

To take a securities position, and to remain market risk neutral

Not to take a securities position, and not to remain market risk neutra

Not to take a securities position, and to remain market risk neutral

To take a securities position, and not to remain market risk neutral

Cash

Derivatives

Commodities

Securities