ACI Dealing Certificate case studies
ACI Dealing Certificate · Put your knowledge to work in context.
The ACI Dealing Certificate is a professional qualification offered within the education programme of the ACI Financial Markets Association (ACI FMA), a global association whose stated mission centres on education, ethical conduct and market integrity for financial-market professionals. ACI FMA describes itself as "Setting the benchmark in certifying the global financial industry" and organises its education offering around ACI certificates, a diploma and online exams, with accredited trainers and a network of exam booking and test centres. The ACI Dealing Certificate case studies are 5 cases and about 3,550 words.
1CCP Membership Decision for a Regional Bank's Repo Book
You are a treasury dealer at a regional bank with a €2.5bn balance sheet. The bank runs €180m of bilateral repo with three dealers, average tenor 30 days, collateralised by German government bonds.
767 words, about 4 min2Client Forward Request Without Commercial Underlying
A UK corporate client has a €10m payable due in six months and asks your FX desk for a 12-month EUR/USD forward on €30m. The client says it expects further European purchases but has no signed contracts for the extra €20m.
682 words, about 3 min3Hedging a Floating-Rate Loan: Swap, FRA Strip or Cap
A corporate treasurer has a $50m three-year floating-rate loan resetting quarterly at three-month SOFR plus 150bp. Current three-month SOFR is 5.30%.
713 words, about 4 min4Pre-Hedging Ahead of a Client Order
You are an FX dealer at a bank. A fund manager calls and says she will send a €200m EUR/USD buy order in 30 minutes, asking you to ‘keep it quiet’.
708 words, about 4 min5Liquidity Buffer Choice Under LCR Pressure
You are the ALM manager at a bank with a €10bn balance sheet. The liquidity coverage ratio (LCR) is 118%, against a 100% minimum.
680 words, about 3 min