In the Unforeseen Event That a Particular Maturity Date Is

question 456

Multiple Choice

In the unforeseen event that a particular maturity date is declared a public holiday, what is normal market practice for spot FX?:

• A) Extend the contract to the next business day
• B) Shorten the contract to the previous business day
• C) A new maturity date has to be agreed by the two parties involved
• D) ACI's Committee for Professionalism decides on a case by case basis

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Inconclusive HIV Test

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