Online Access Free UAE-Financial-Rules-and-Regulations Practice Test

During a trading session, if an order is not fully executed, then:

• A.the remaining unexecuted volume is cancelled and a new order is placed, at the last executed price
• B.the remaining unexecuted volume stays on the trading system, at the last executed price
• C.the transaction is executed at the price set on the other side of the transaction
• D.the order will be dealt with at the next trading session

The contract size for an MSCI India Index Futures (INR) contract is:

• A.25 index points x price
• B.20 index points x price
• C.5 index points x price
• D.50 index points x price

The DFM's Professional Code of Conduct requires brokerage firms to take reasonable steps to determine the identity of their clients. For natural persons, this should include:

• A.profession, exact address, PO Box and phone number
• B.full name of portfolio manager
• C.nature of the entity, its legal form, type and capital
• D.commercial register number and commercial licence

A vote carried out by the board of the Authority resulted in a tie. What happens in these circumstances?

• A.The vote for the resolution is automatically carried
• B.The decision is postponed until another vote can be taken
• C.The vote against the resolution is automatically carried
• D.The chairman or their deputy is granted the casting vote

The minimum price movement for a West Texas Intermediate (WTI) Light Sweet Oil Futures contract is:

• A.USS 25 per barrel
• B.USS 100 per barrel
• C.USS 1 per barrel
• D.LISS 0.01 per barrel