Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

PRMIA Exam 8010 Topic 1 Question 18 Discussion

Actual exam question for PRMIA's Operational Risk Manager (ORM) Exam exam
Question #: 18
Topic #: 1
[All Operational Risk Manager (ORM) Exam Questions]

Which of the following is NOT true in respect of bilateral close out netting:

Show Suggested Answer Hide Answer
Suggested Answer: D

Choice 'b', Choice 'c' and Choice 'a' correctly describe a bilateral close out netting as recommended by the ISDA. However Choice 'd' is not correct as it suggests individual settlement of transactions without netting which is the whole point of bilateral close out netting.


Currently there are no comments in this discussion, be the first to comment!

Save Cancel