SAIFM RPE Foreign Exchange Market Practice Questions - SAIFM Registered Person Examination The Foreign Exchange Market Exam

What is the standard value (settlement) date for a standard spot foreign exchange transaction in the interbank market?

Two business days after the trade date (T+2) The same day as the trade date (T+0) One business day after the trade date (T+1) Three business days after the trade date (T+3)

Correct Answer:

Two business days after the trade date (T+2)

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