Series 3 Exam
National Commodity Futures (& ForEx)
The Series 3 test is for anyone
who is going to act as an Associated
Person, Commodity Trading Adviser,
Commodity Pool Operator, Introducing
Broker, or Futures Commission Merchant.
Those who trade ForEx (foreign
exchange) are under the jurisdiction
of the NFA are a being required
to sit for the Series 3 test.
The Series 3 exam is divided into
ten categories and is graded in
two groups: Market Knowledge and
Rules/Regulations. The first nine
of the following categories with
85 questions comprises the Market
Knowledge Group; category ten, with
35 questions, comprises the Rules
and Regulations Group. You must
achieve a 70% on each group to pass
the exam. Note that
the NFA study outline has
been changed to eight categories,
essentially combining financial
and agricultural hedging into one
group and general speculation and
spreading into one group.
The Series 3 exam is a prerequisite
to the Series
30 Futures Branch Manager exam.
No prerequisite
$105 test fee (Form U-10) 2.5 hour
time limit
Test
Topics
|
Approximate
Test Questions
|
|
Futures Trading
Theory |
13 |
|
Margins, Limits,
Settlements |
15 |
|
Orders, Accounts,
Analysis |
11 |
|
Basic Hedging |
11 |
|
Financial Hedging |
10 |
|
Spreads |
3 |
|
General Speculation |
8 |
|
Financial Speculation |
8 |
|
Options |
6 |
|
Regulations |
35 |
|
|
Total
120 questions
|
Series
3 Exam Study Text
|
STUDY TEXT
$155.00
|
The
200+ page, 3-ring
binder study program
is designed to allow
you to learn at your
own pace and convenience.
The Series 3 text is
divided into the same
categories as the exam
-- this gives you a
feeling as to the weighting
of the topics on the
exam.
The
Series 3 study program
includes end-of-category
quizzes of 25 to
40 questions and
two 125-point practice
final exams. One
final exam is random
but properly weighted
and the other is divided
into how the test is
graded – Market Knowledge
and Rules/Regulations
--
no other study program
is constructed this
way!
All questions have complete
explanations.
Check
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|
Series 3 Exam Computer
CD
|
WINDOWS CD
$100.00
CD is Windows Only!
|
THE CD:
- Is a supplement
to any Series 3
futures study book
- Includes
800+ practice questions
with explanations
- these are tough!!
- Provides
fast and thorough
review of major
test topics by category
- Gives you an
accurate measure
of your likelihood
of passing the exam.
|
-- These questions are
HOT!!! ... and they
are a supplement to
any study books you
may have!
WHAT YOU NEED
- Windows
- 8 MB RAM
- Free hard disk
space of 5MB.
WHAT YOU DO
- The disk is
menu driven -- so
just highlight the
topic you want to
review and hit the
Enter key -- the
directions are on
the screen!
- Each of the
TEN SECTIONS has
3 to 8 practice
quizzes of 10 to
25 questions.
- These groups
are the same as
the ten sections
on your actual #3
exam -- that way
you’ll make sure
you are strong in
each practice area!!
- The computer
keeps track of your
score and bounces
explanations to
questions back to
you-- this insures
that you don't skip
an important topic
- Take the quizzes
until you get an
80-90% accuracy
-- and then take
the final exams
Once you get 90%'s on
the finals -- your actual
exam will be a SLAM
DUNK
On this single-user
system you can take
the quizzes up to ten
times each; to maintain
fresh test content,
the Windows only
CD expires after
a certain time-period
from the date of purchase
-- you should take
the #3 exam within 120
days of buying the CD.
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Out/View Cart
Series 3
Study Book and
Computer CD
|
Study Text
and CD
$255.00
CD is Windows
Only!
|
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Cart |
|
Four Hour Futures
Ethics -- Web based
|
4 hour ethics web
program
$50.00
|
The CFTC has amended
it's rule regarding
ethics training for
NFA registrants to allow
for flexibility in the
format, frequency and
providers of ethics
training, and permits
each firm to tailor
its training program
to better suit its own
operations. This has
shifted the responsibility
to each firm to adopt
and implement appropriate
ethics training. Here's
a link to the NFA for
specifics:
Ethics Training Requirements
Note: If you are joining
a firm your compliance
officer probably has
a program established
and you will train under
that program.
If you are forming your
own CTA, CPO or IB,
however, our 4 hour
program that discusses
ethical behavior in
relation to rules and
regulations may suit
your needs. Here's how
the program works:
-
After your order
is processed we
will send you download
instructions for
your course
-
Complete the worksheet
as you watch the
program from your
computer according
to your schedule
-
Then email the worksheet
to our administrative
offices where it
will be reviewed
for completeness
-
A certificate of
completion is mailed
to you that will
provide support
for meeting this
NFA/CFTC requirement
Contact us regarding
the need of an ethics
training or anti-money
laundering program for
your IB, CTA, or CPO.
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|
Series 3 Study text
with 4 hour ethics web
program
|
 Save
$10
Study text with 4 hour
ethics web program
$195.00
|
Study
text with ethics web
program. You complete
a worksheet as you watch
the video. Then fax
the worksheet to our
administrative offices
where it will be reviewed
for completeness. A
certificate of completion
is mailed to you that
will provide support
for meeting this NFA/CFTC
requirement.
Check
Out/View Cart
|
Series 3 Study Text
with CD and 4 hour ethics
web program
|
Save
$10
Study text with CD and
4 hour ethics web program
$295.00
CD is Windows Only!
|
Study
text with Windows
CD of extra test
questions and ethics
web program.
You
complete a worksheet
as you watch the video.
Then fax the worksheet
to our administrative
offices where it will
be reviewed for completeness.
A certificate of completion
is mailed to you that
will provide support
for meeting this NFA/CFTC
requirement.
|
|
Series 3 Review Class
- southern California
only
Click here for more
information
People who have
ordered the Series 3
study program have also
ordered
the
Series 30,
Series 34, and
Series 65 exam prep
material
CTA, IB, and RIA registration
services available!
What is a CTA?
What is a RIA?
Securities Exam
Preparation, Inc., is
a consulting organization
specializing in self-study
test preparation for
for FINRA and
Series 3, Series 30,
Series 31, and Series
32 exams -- and in registration
services for Investment
Advisers, Broker Dealers,
Commodity Trading Advisers,
and Introducing Brokers.
Assistance is also provided
for registration of
ForEx (foreign exchange)
merchants and IBs.
|
Be sure to check out
our other products:
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