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NEW QUESTION: 1
Which of the following statements is true:
I. The OTC market for foreign exchange is much larger than the exchange traded futures market for foreign currencies II. DVP arrangements help avoid the risk of counterparty defaults on settlements III. Exchanges offer the advantage of lower trading costs than ECNs IV. ISDA master agreements form the basis of a large number of OTC derivative trades
A. I, II and III
B. I, II and IV
C. II and IV
D. I, III and IV
Answer: B
Explanation:
Explanation
The OTC market for foreign exchange is indeed much larger than the exchange traded futures market for FX.
Therefore statement I is correct.
Delivery-versus-payment (DVP) arrangements make sure that title to a security passes only when payment has been made, and these arrangements, usually implemented through national clearing agencies such as the DTC in the US, help avoid the risk of counterparty defaults.
Electronic Clearing Networks (ECNs) offer cheaper trading costs than exchanges, in fact that is their primary attraction. Exchanges offer other advantages, but lower trading costs is not one of them.
ISDA master agreements provide templates that a large number of OTC market participants use to standardize their OTC trading activities. Therefore statement IV is correct.

NEW QUESTION: 2

Refer to the exhibit. When an inbound PSTN call from 4087071222 arrives at the ISDN port that is shown in the exhibit, which dial peer will be matched for the inbound leg?
A. Dial-peer 2123, because answer-address takes precedence over incoming called-number.
B. Dial-peer 123, because incoming called-number takes precedence over answer-address.
C. Although dial-peer 123 takes precedence, there is no direct-inward-dial that is configured, therefore 2123 will be selected.
D. The matching inbound dial peer will be selected at random.
E. Although dial-peer 123 takes precedence, there is no port that is configured under dial-peer 123, therefore dial-peer 2123 will be selected.
Answer: B

NEW QUESTION: 3

A. 0
B. 1
C. 2
D. 3
Answer: A
Explanation:
Explanation
3 adapter on LAN 1
2 adapters on LAN 2
2 adapters on LAN 1 used in a team, so that's 3 - 2 leaving 1.
2 adapaters on LAN 2 used in a team, so that's 2 - 2 leaving 0.
1 team on LAN 1 + 1 team on LAN 2 + remaining adapter on LAN 1 = 3.