ICMA FMFQ Exam - Topic 5 Question 77 Discussion

Actual exam question for ICMA's FMFQ exam

Question #: 77
Topic #: 5

[All FMFQ Questions]

Which of the following would not be expected to execute market deals?

ASalesperson

BTrader

COperations manager

DFund manager

Show Suggested Answer

Suggested Answer: C

by Luisa at Mar 08, 2025, 06:18 PM

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Kerry

10 months ago

Salespeople and traders are always in the market deals.

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Marla

10 months ago

Operations manager? Really? That seems off.

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Franchesca

10 months ago

Wait, are you sure? I thought fund managers might not either.

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Naomi

10 months ago

I agree, they handle the back office stuff.

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Rima

11 months ago

Definitely not the operations manager.

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Edwin

11 months ago

From what I recall, traders are definitely involved in executing deals, so that leaves operations managers as the odd one out.

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Kaycee

11 months ago

I'm a bit confused; I thought salespeople might also execute deals, but maybe they just facilitate them?

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Fredric

11 months ago

I remember a practice question where we discussed the roles of different positions, and I think fund managers do execute deals, unlike operations managers.

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Lera

11 months ago

I think the operations manager wouldn't be involved in executing market deals, but I'm not completely sure.

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Lashandra

11 months ago

This seems like a classic finance question. Based on my understanding, the operations manager is responsible for the back-office functions, not the trading itself, so I'll go with C as my answer.

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Lucina

11 months ago

I'm a bit unsure on this one. I know salespeople don't typically execute trades, but I'm not 100% confident the other options are correct. I'll have to carefully consider each choice.

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Lavonne

11 months ago

Okay, let me think this through. I'm pretty sure traders and fund managers would be expected to execute market deals, so I'm leaning towards C - Operations manager as the answer.

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Kindra

11 months ago

Hmm, this one seems straightforward. I think the answer is A - Salesperson, since they are typically focused on client relationships and sales, not directly executing trades.

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Peggie

1 year ago

I'm stumped, I thought all of these roles would be involved in executing market deals. Guess I need to brush up on my finance knowledge.

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Beckie

1 year ago

Obviously, it's the operations manager. They're the ones who keep the lights on, not the ones lighting up the trading floor.

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Lizette

1 year ago

Ah, the fund manager! They're more about strategizing and managing the portfolio, not the day-to-day market deals.

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Ming

1 year ago

C) Operations manager

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Vanna

1 year ago

B) Trader

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Shoshana

1 year ago

A) Salesperson

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Rosita

1 year ago

C) Operations manager

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Yan

1 year ago

B) Trader

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Carissa

1 year ago

A) Salesperson

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Reynalda

1 year ago

I think D) Fund manager could also execute market deals, so the answer might be C) Operations manager.

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Maybelle

1 year ago

I'm not sure, but I think salesperson and trader are more likely to execute market deals.

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Julieta

2 years ago

I agree with Viola, operations managers usually don't execute market deals.

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Sheron

2 years ago

I'm going with C, the operations manager. Seems like they'd be more focused on the behind-the-scenes stuff, not the actual trading.

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Aron

1 year ago

Definitely, the operations manager is more about ensuring everything runs smoothly, not making market deals.

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Ronnie

1 year ago

Yeah, I think the operations manager is more about logistics and processes, not executing trades.

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Ernestine

1 year ago

I agree, the operations manager seems more focused on other aspects of the market.

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Cecil

1 year ago

D) Fund manager

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Ilene

1 year ago

C) Operations manager

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Daniela

1 year ago

B) Trader

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Ira

1 year ago

A) Salesperson

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Viola

2 years ago

I think the answer is C) Operations manager.

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Louvenia

2 years ago

Hmm, the operations manager? Isn't that the one who's supposed to keep everything running smoothly? Doesn't sound like they'd be out there making deals.

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Jacquelyne

1 year ago

Fund manager

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Dominga

1 year ago

Trader

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Loreen

2 years ago

Salesperson

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