Palo Alto Networks NetSec-Pro Q&A - in .pdf

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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Gleeson also tells Li that the portfolio manager had originally made the decision to purchase 5,000 SNR at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.
Determine which of the following statements concerning an algorithmic trading strategy is most incorrect.
An algorithmic trading strategy:
A. ensures that the portfolio does not become over-concentrated (in specific assets or sectors), because it is based on quantitative rules.
B. called simple logical participation breaks trades into small pieces to avoid detection and to minimize market impact costs.
C. involves the use of automated processes based on quantitative measures, such as the ratio of the trade size to average daily volume, to guide trading decisions.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Because an algorithmic trading strategy involves mechanical rules to guide trading, one of rhe concerns is that the portfolio can become over-concentrated. For example, the portfolio could become over- concentrated in sectors that are more liquid and easier to trade when buying, and the opposite problem could occur when selling (i.e., the most liquid assets are sold first, leaving the portfolio over-concentrated in illiquid securities). (Study Session 16, LOS 45.m)

NEW QUESTION: 2
Which two benefits can be achieved using in-band management of an NSX Bare Metal Edge Node? (Choose two.)
A. Preserves switchports on TOR.
B. Reduces cost.
C. Preserves packet locality.
D. Reduces egress data.
E. Reduces storage requirements.
Answer: A,B
Explanation:
Explanation
Z - There isn't much if anything about using in-band instead of out of band except for that you are no longer required to have a dedicated nic for mgmt. like you used to on NSX-T 2.3 and previous. This means C&D are really the only "benefits".

NEW QUESTION: 3
Which two are intended uses for the Standalone Selling Price Report Dashboard?
A. Analyze standalone selling prices for one or multiple effective periods.
B. Drill down to data used to derive standalone selling prices.
C. Diagnose revenue price profile.
D. Review performance obligations by effective period.
E. Monitor transaction price calculation and allocation.
Answer: A,B

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