SIE - Securities Industry Essentials Exam
A customer wants to exchange her US Dollars for Euros. What will determine how many Euros she receives for her Dollars?
The interest rate differential between the 2 central banks - the Federal Reserve and the ECBA
The nearby euros futures contractB
The spot forex exchange rateC
The amount of euros received will depend on the equity market conditions on the major European exchanges such as the CAC & FTSED
The currency conversion rate will be determined by the EUR USD exchange rate in the spot forex currency market.
Part of the questions for each course
- 20 of 150
- Series 6
- 30 of 500
- Series 7
- 50 of 625