This two-day course provides a strong foundation in the fundamentals of market theory and industry practice. Course includes comprehensive self-study exam materials: two textbooks - Futures and Options and the Guide to US Futures Regulation, each with practice Q&As - plus Series 3 PassMaster, a Web-tutorial & test simulator with unlimited practice exams that lets you practice and refine test-taking skills.
Attention Series 3 exam candidates: This live presentation together with self-study books, and PassMaster provide a blended learning experience. The course covers topics from the market knowledge portion of the Series 3 test such as trading theory and functions; margins, offset, settlement, delivery; option premiums, exercise, assignment and settlement: orders; hedging; spreading; strategies and calculations. Compliance rules and disclosures also are reviewed and exam candidates should further prepare for the regulation portion of the exam on their own by reading and using the Q&As included in the Guide to U.S Futures Regulations.
Candidates can further practice and refine test-taking skills on market knowledge and regulation before sitting for the actual exam using IFM's Series 3 PassMaster, a Web-based tutorial and simulated test program. Demo Series 3 PassMaster for free.
This course is presented by the IFM (a nonprofit educational foundation) to enhance your knowledge and understanding of futures and futures options concepts and is not intended to be an "exam cram course". Pre-course reading is required before attending the session. After the course, we suggest that you invest a minimum of 35 to 40 hours preparing yourself for the Series 3 exam and using the two books, PassMaster, and reviewing your course workbook and notes.
Class Size: Registration is limited to approximately 15 participants to promote student participation and interaction.
Who Should Attend: Market-users; investors; compliance, IT and Ops staff; exchange and clearinghouse staff; regulators; policy-makers; Series 3 Exam candidates and anyone who needs an in-depth understanding of futures and options markets.
Level: Basic to Intermediate.
Cost: New York and Chicago $625 Early-bird | $675 Standard registration
Complimentary morning and afternoon
refreshment breaks are provided. Lunch on own.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.