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M1A (Set 2)
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4 Aug 2025
CMFAS M1A Exam Question:Which of the following statements regarding a Designated Market-Maker is FALSE?
a) All trades done by a Designated Market-Maker in any Specified Securities must be routed through a CMS licence holder.
b) A person must be registered with SGX-ST as a market-making representative to receive and execute orders on behalf of the Designated Market-Maker.
c) A Designated Market-Maker must submit periodic returns as SGX-ST requires.
d) A CMS licence holder must not execute a contract on SGX-ST unless it is qualified by a Clearing Member.
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M6A (Corporate Package)
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M3 (Set 1)
$19.90 Add to cart
4 Aug 2025
CMFAS M3 Exam Question:An individual who is engaged in central dealing for funds managed by related entities of a Licensed Fund Managed Company (LFMC) can be any of the following types of representatives except:
a) appointed representatives
b) external representatives
c) provisional representatives
d) temporary representatives
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FMRP (Set 1)
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4 Aug 2025
FMRP Exam Question:Which of the following statements is FALSE regarding rollovers of foreign exchange transactions at off-market rates?
a) Maturing forward contracts can be extended or rollover-ed.
b) The current market spot rate should be used to liquidate the maturing contract and used as a base from which the new forward rate is derived.
c) The use of off-market rates is strongly discouraged.
d) Deals done at off-market rates may be used as a means to conceal profit or loss, or to perpetuate a fraud.
