SOFQ by ICMA Actual Free Exam Q&As

ICMA Securities Operations Foundation Qualification (SOFQ) - SOFQ Exam Practice Test

Question 1

An example of an organisation classified as a sovereign wealth fund is:

A. China Investment Corporation B. Xerox Corporation C. German Government D. United Nations

Discussion 0

Correct Answer: A Vote an answer

Question 2

The US regulator 'SEC stands for:

A. Securities Enterprise Conglomerate B. Securities Exchange Corporation C. Securities and Exchange Commission D. Securities Endeavour Company

Discussion 0

Correct Answer: C Vote an answer

Question 3

'ISO' stands for:

A. International Organisation for Standardisation B. Intraterritorial Organisation of Securities C. Invention of Standards for Organisations D. Intercontinental Symposium of Organisations

Discussion 0

Correct Answer: A Vote an answer

Question 4

The term 'SSI' stands for:

A. Settlement Standard Instruction B. Standard Securities Instruction C. Standing Settlement Instruction D. Securities Standing Instruction

Discussion 0

Correct Answer: C Vote an answer

Question 5

The two choices for the settlement method utilised within a securities market are:

A. Tumbling Settlement' and 'Continuing Settlement' B. 'Account Settlement1 and Tumbling Settlement' C. 'Rolling Settlement' and 'Account Settlement' D. 'Continuing Settlement'and'Account Settlement'

Discussion 0

Correct Answer: C Vote an answer