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ICMA SOFQ Exam Dumps

Certification Exams

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Number Of Questions

50

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Description

Status: RETIRED
Exam Name: Securities Operations Foundation Qualification (SOFQ)
Exam Code: SOFQ
Related Certification(s): ICMA Securities Operations Foundation Qualification Certification
Certification Provider: ICMA
Number of SOFQ practice questions in our database: 50
Expected SOFQ Exam Topics, as suggested by ICMA :

  • Module 1: Demonstrate how Operations manages the securities through its various activities/ Identify the similarities and differences between equities and bonds
  • Module  2: Basics of Repo and Securities Lending & Borrowing/ Regulatory Reporting Requirements
  • Module 3: Identify fundamentals of trade management, including repo and securities lending & borrowing transactions/ Trade Capture and Confirmation Identify and understand the roles of the major securities market participants/ Trading Paradigms: Flow and Proprietary Trading
  • Module 4: Central and Bilateral Clearing Systems/ Recognise the primary components of the securities trade life-cycle
  • Module 5: Trade Execution and Immediate Post-trade/ Demonstrate an understanding of how equities and bonds are brought to the marketplace
  • Module 6: Role of Client Onboarding/ An Introduction to International Securities/ Recognise and identify corporate actions

Description

Status: RETIRED
Exam Name: Securities Operations Foundation Qualification (SOFQ)
Exam Code: SOFQ
Related Certification(s): ICMA Securities Operations Foundation Qualification Certification
Certification Provider: ICMA
Number of SOFQ practice questions in our database: 50
Expected SOFQ Exam Topics, as suggested by ICMA :

  • Module 1: Demonstrate how Operations manages the securities through its various activities/ Identify the similarities and differences between equities and bonds
  • Module  2: Basics of Repo and Securities Lending & Borrowing/ Regulatory Reporting Requirements
  • Module 3: Identify fundamentals of trade management, including repo and securities lending & borrowing transactions/ Trade Capture and Confirmation Identify and understand the roles of the major securities market participants/ Trading Paradigms: Flow and Proprietary Trading
  • Module 4: Central and Bilateral Clearing Systems/ Recognise the primary components of the securities trade life-cycle
  • Module 5: Trade Execution and Immediate Post-trade/ Demonstrate an understanding of how equities and bonds are brought to the marketplace
  • Module 6: Role of Client Onboarding/ An Introduction to International Securities/ Recognise and identify corporate actions

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Q1. The number of days of accrued interest, and the cash value of accrued interest - on a trade of USD 45,000,000 World Bank 4.37% Bonds 1st December 2032, paying interest semi-annually on 1st December and Ist June, trade date 22~d October, value date 25tl October, is:

A.144 days and USD 786,600.00

B. 174 days and USD 950,475.00

C. 141 days and USD 770,212.50

D. 171 days and USD 934,087-50

Correct Answer: A

Q2. The term 'SSI' stands for:

A.Standing Settlement Instruction

B. Standard Securities Instruction

C. Settlement Standard Instruction

D. Securities Standing Instruction

Correct Answer: A

Q3. The price of a bond trade which excludes accrued interest is known as:

A.A dirty price

B. A fresh price

C. A clean price

D. A cloudy price

Correct Answer: C

Q4. The abbreviation WAC stands for:

A.Wheel and Calculate

B. Weighted Average Cost

C. West Against Charge

D. Wait About Control

Correct Answer: B

$ 39

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