ACI Dealing Certificate Preparation Course

in collaboration with the House of Training Quality Cercle ACI Luxembourg

The strategy, format and contents of ACI's education and examination programs are defined by the ACI Board of Education. The ACI Dealing Certificate is a foundation program that allows candidates to acquire a working knowledge of the structure and operation of the major foreign exchange and money markets, including the ability the fundamental mathematics used in these markets and their care products (cash,forwards and derivatives) and the basic skills required for competent participation, including the ability to apply the fundamental mathematics used in these markets. Candidates should also be able to apply The Model Code to their situation. The ACI Dealing Certificate is a precursor to the ACI Diploma.

Objective

The ACI Dealing Certificate is a foundation program that allows candidates to acquire a working knowledge of the structure and operation of the major foreign exchange and money markets, including the ability to apply the fundamental mathematics used in these markets, and their core products (cash, forwards and derivatives), and the basic skills required for competent participation, including the ability to apply the fundamental mathematics used in these markets.
Candidates should also be able to apply The Model Code to their situation.

Programme

• Basic Interest Rate Calculations
• Cash Money Markets
• Foreign Exchange
• Forward, FRAs and Money Market Futures & Swaps
• Options
• Principles of Risk
• The Model Code

Material: A guide to ACI Dealing Certificate (will be provided)
Syllabus (incl. details of each topic and examination procedures):
www.acilux.com

Target group

• New entrants and junior dealers (0-18 months experience in the dealing room)
• Middle office and operations personnel
• Auditors and compliance officers of commercial banks and financial institutions

Knowledge assessment

The ACI Dealing Certificate examination is electronically delivered in English and German by Prometric. (http://www.register.prometric.com/Index.asp?tcl=1)

The examination lasts 2 hours and consists of 90 multiple-choice questions (10 topics baskets). The overall pass level is 60% (54 correct answers), assuming that the minimum score criteria for each of the topic baskets is met. There is a minimum score criteria of 60% for topic basket 10 The Model Code and a 50% one for each one of the other topic baskets.

Successful candidates will be granted the "ACI Dealing Certificate" and will automatically be awarded a tittle which may be put on their business cards (ACI DC).

Location and Duration

in Luxembourg: 5 days
in HoT-ATTF partner countries:  6-7 days

Detailed programme