ICMA Securities Operations Foundation Qualification (SOFQ)

ICMA Securities Operations Foundation Qualification (SOFQ) - SOFQ Exam Questions

QUESTION NO: 1
The ISO currency code 'CHF represents:

A. Swiss France B. Chinese Renminbi C. Ivory Coast Franc D. Norwegian Krone

Correct Answer: A

QUESTION NO: 2
The price of a bond trade which excludes accrued interest is known as:

A. A fresh price B. A dirty price C. A cloudy price D. A clean price

Correct Answer: D

QUESTION NO: 3
DTC - the central securities depository for US equities is the abbreviation for:

A. Depot Transaction B. Deposit and Trade Conglomerate C. Depot for Trades Corporation D. Depository Trust Company

Correct Answer: D

QUESTION NO: 4
Where the term 'Ordinary Shares' is used in the UK, the equivalent term in the US is:

A. Common stock B. Ordinary Stock C. Normal Shares D. Corporate Shares

Correct Answer: A

QUESTION NO: 5
IPO' stands for:

A. Initial Public Offering B. Integrated Post Offering C. International Private Offering D. Inclusive Pre Offering

Correct Answer: A