SOFQ Exam Dumps - Securities Operations Foundation Qualification (SOFQ)

Question # 4

A firm executing a securities trade in the capacity of agency broker intends:

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

Full Access

Question # 5

Within the security entitled 'Exxon Mobil Corporation USD 1.00 Common Stock', the 'USD 1.00' is commonly known as the:

issue value

par value

notional quantity

share size

Full Access

Question # 6

Bond types that are traded at a deeply discounted price are:

Floating rate notes

Zero coupon bonds

Convertible bonds and Exchangeable bonds

Fixed rate bonds

Full Access

Question # 7

From the perspective of one party to a securities trade, Free of Payment settlement without risk means:

Delivering an asset to the counterparty prior to receipt of the contra asset from the counterparty

Simultaneously exchanging securities and cash with the counterparty

Delivering an asset to the counterparty following successful exchange of trade confirmations

Receiving the counterparty's asset before instructing release of the contra asset

Full Access

Hot Exams