The Financial Markets Academy

Cover Handbook Financial Instruments

E-learning Operations Certificate

Important notice

As of 11 September 2017 the ACI has removed the Topic Basket Best Practices from the exam. The passing requirements are also adjusted: you need a 60% overall score in order to pass. Consult the new Syllabus .

This E-learning course helps you to prepare for the Operations Certificate exam. The duration of this course is 60 to 80 hours. This course contains the following sections:

0. Introduction to the calculations
1. Overall Financial market and front to end teasury view
2. Deal capture, trade entry and confirmations
3. Settlement, netting and clearing
4. Reconciliations and investigations
5. Treasury systems and data management
6. Money Market
7. Short-term bonds and notes
8. Foreign Exchange
9. Derivatives
10. Risk management, controls, compliance, documentation
11. Trial exam and elaborations
12. Reader Financial Instruments

The links 1 to 10 on the left-hand side lead to the theory of the different topic baskets which are included in the exam.
The links 1 to 10 on the right-hand side lead to quizzes. The questions in the quizzes for each different topic baskets contain direct feedback which will be shown on your screen after after a maximum of four attempts.

The trial exam tool selects 85 questions out of a database of 500 questions and follows the same order as the official exam, i.e. 5 question about topic basket 1, 10 questions about topic basket 2 et cetera. For all calculations questions an elaboration is available in the printable PDF 'Aswers to the Trial Exam'. The questions for which this is the case are indicated with a code (e.g. FX for Foreign Exchange and MM for money markets).