Test your knowledge: Back office - Advanced level

Test your knowledge about operations, as well as ICT processes, finance & control, accounting and legal aspects
Knowledge related to Operations, Business Control & Finance is not just relevant for Back Office staff, but also for IT specialists, legal experts, compliance officers, controllers and accountants.
At this advanced level you are tested with respect to your skills, the application of knowledge and therefore practice

Offsetting of all positions with all market participants is called:

Fair value accounting refers to:

How are weather derivatives settled?

What is bilateral netting?

Cascading may involve:

A real option is:

In a master agreement is agreed upon:

Suppose the GBP/EUR rate is 1.10. What is then the EUR/GBP rate?

The mid price is:

Counterparty risk is managed by having in place: