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NEW QUESTION: 1
Somerset Investment Limited is a Singapore-based money management firm that is conducting an appraisal of its investment performance. Cameron Li, CFA, has been charged with conducting the appraisal, and is to report back to upper management with his findings.
Li is convinced that trade executions play a substantial role in overall portfolio performance, particularly for funds that have a relatively high level of turnover during the year. As a result, he is seeking methods that will allow him to evaluate the quality of trade executions.
He knows that the firm's traders use both market and limit orders, and he is wondering if a framework can be developed to ensure that the best order type is used under the specific circumstances for each trade.
When he consults with the firm's head trader, Rick Gleeson, Gleeson tells him that market orders have price uncertainty but no execution uncertainty, while limit orders eliminate price uncertainty but have execution uncertainty. According to Gleeson, rebalancing and liquidity-motivated trades should use limit orders while value-motivated and information-motivated trades should use market orders.
Li knows that bid-ask spreads are a major component of trading costs, and asks Gleeson for some recent trade data that he can use for analysis and presentation to management. He receives the following data relating to a series of buy trades for Sumatra Natural Resources (SNR), with all currency values in Singapore dollars:
Trades of Sumatra Natural Resources
Gleeson also tells Li that the portfolio manager had originally made the decision to purchase 5,000 SNR at
10:00 a.m. when the price was $22.36. The closing price for the day was Leeson's last trade at $22.65, at which point the order for the remaining 2,000 shares was cancelled.
Which of the following correctly summarizes Gleeson's comments concerning the differences between market and limit orders?
A. He is correct concerning the nature of uncertainty; he is correct concerning when the order types should be used.
B. He is correct concerning the nature of uncertainty; he is incorrect concerning when the order types should be used.
C. He is incorrect concerning the nature of uncertainty; he is correct concerning when the order types should be used.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Gleeson is correct concerning the nature of uncertainty. Market orders have price uncertainty but no execution uncertainty, while limit orders eliminate price uncertainty but have execution uncertainty.
However, he is incorrect concerning when rhese order types should be used. In most cases, information- motivated and liquidity-motivated trades should use market orders to ensure that execution takes place, while value-motivated and rebalancing trades should use limit orders because price is typically more important than the speed of execution. (Study Session 16, LOS 45.a)
NEW QUESTION: 2
オンプレミスのデータセンターとAzureサブスクリプションがあります。データセンターには2つのVPNデバイスが含まれています。サブスクリプションには、VNet1という名前のAzure仮想ネットワークが含まれています。 VNet1には、ゲートウェイサブネットが含まれています。
サイト間VPNを作成する必要があります。このソリューションでは、Azure VPNゲートウェイの単一のインスタンスに障害が発生した場合、または単一のオンプレミスVPNデバイスに障害が発生した場合に、障害によって2分を超える中断が発生しないようにする必要があります。
Azureで必要なパブリックIPアドレス、仮想ネットワークゲートウェイ、およびローカルネットワークゲートウェイの最小数はいくつですか？回答するには、回答領域で適切なオプションを選択します。
注：正しい選択はそれぞれ1ポイントの価値があります。
Answer:
Explanation:
Explanation:
Box 1: 2
https://docs.microsoft.com/en-us/azure/vpn-gateway/vpn-gateway-activeactive-rm-powershell Box 2: 2 Every Azure VPN gateway consists of two instances in an active-standby configuration. For any planned maintenance or unplanned disruption that happens to the active instance, the standby instance would take over (failover) automatically, and resume the S2S VPN or VNet-to-VNet connections.
Box 3: 2
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https://docs.microsoft.com/en-us/azure/vpn-gateway/vpn-gateway-highlyavailable
NEW QUESTION: 3
An engineer wants to perform a Storage Center OS ISO update, but must determine the
BMC IP address first In what two ways can the engineer determine the BMC IP address?
(Choose two )
A. From the command line interface of each controller, run "platform bmc show"
B. Do trace route from the controller command line interface to the virtual IP The second to last hop to die destination is the BMC IP address.
C. In Dell Storage Manager client, highlight the controller under the Hardware tab and choose "Edit Setrings".
D. From the Dell Storage Manager Data Collector, choose the Storage Centers tab and find the BMC IP address for each controller.
Answer: A
NEW QUESTION: 4
A technician has resolved a ticket to fix a user's printer and has verified that the user is able to print with no issues. Which of the following action steps should the technician perform FIRST?
A. Document findings and outcomes
B. Upgrade the printer drivers
C. Establish a theory of probably cause
D. Close out the service ticket
Answer: A
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