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American Bankers Association CTFA Exam - Topic 7 Question 20 Discussion

Posted by Merissa on May 04, 2022 at 02:47 AM

A private agreement to buy or sell a given quantity of an asset such as a currency, interest rate or commodity at a specified future date at a specified price is called:

Suggested Answer: D

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10 comments · newest first
VA
Van 11 months ago
Just to clarify, it's a private agreement for future transactions.
BR
Brandon 12 months ago
Wait, are you sure it's not Future Agreement Plan? Sounds legit.
EM
Emile 12 months ago
I thought it was a Future Contract, but I guess not.
MA
Mattie 12 months ago
Totally agree, Forward Contract is the right term.
ED
Eden 1 year ago
It's called a Forward Contract!
TH
Thea 1 year ago
I'm pretty sure this is asking about unicast traffic, which is one-to-one communication.
DE
Delisa 1 year ago
Hmm, I'm a bit confused by the wording here. I'll need to re-read the question and options a few times to make sure I understand the nuances of the privacy concerns.
AR
Arlen 1 year ago
I've got a good strategy for this - I'll eliminate the obviously invalid options first, then carefully consider the remaining ones.
VE
Veronika 1 year ago
Okay, I think I've got this. The main reasons are to test customizations, product updates, and the behavior of large decision tables - all without impacting the production environment. I'll make sure to hit those points in my answer.
BI
Billi 1 year ago
Hmm, I'm not sure which CoA method would be best here. I'll have to review the differences between them.
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