Certificate in Derivatives / Certificate in Derivatives

Certificate in Derivatives / Certificate in Derivatives - Retail

The Certificate in Derivatives and Certificate in Derivatives - Retail have been developed to provide employees advising and/or dealing in derivatives on behalf of professional or retail clients respectively with the knowledge and skills required for their job roles.

SII has recently redeveloped the Certificate Programme with representatives from leading global financial services firms, both wholesale and retail, and input fromthe Exchange LIBA, FOA and Accredited Training Providers to meet the needs of the changing industry. SII has also ensured that these qualifications are globally portable, addressing the needs of the modern international derivatives markets.

What does the Certificate in Derivatives include?

The Certificate in Derivatives comprises the following units:
Derivatives
2 hour paper consisting of 100 multiple-choice questions
FSA Financial Regulation OR Principles of Financial Regulation 1 hour paper consisting of 50 multiple choice questions

The Certificate in Derivatives - Retail additionally includes:
Investment & Risk
1 ½ hour paper consisting of 60 multiple-choice questions. Candidates advising retail clients who complete the qualification after 1 May 2008 have to pass the Investment and Risk unit.
Transitional Table

Key Features - Derivatives

Syllabus tailored to meet the needs of employees advising both professional and retail clients
Globally portable - internationally focused reflecting the needs of an international market place
Increased focus on key concepts and principles underpinning the creation, valuation, trading and management of commodity and financial derivatives
Comprehensive coverage of OTC, commodity, structured and credit derivatives
Addresses global aspects - such as overseas exchanges, overseas regulation and developing markets

MiFID Compliance
mifid

As a result of MiFID, firms may find that a number of their clients, which they treat as wholesale clients, seek reclassification as retail clients, to gain the protections that retail clients are entitled to. Employers advising retail clients must obtain the retail version of the qualification. SII has adapted all regulatory examinations to ensure they are MiFID compliant.

Additional Exam Information
Entry requirements
    There are no formal prerequisites for the Certificate in Derivatives. Experience     in the industry will help candidates relate what they are learning to the job they     are doing but it is not a requirement of taking the qualification. Examination     entries are accepted from private individuals as well as via an employer.
Syllabus
     Information on the current syllabus can be found under the
    Certificates Syllabuses page
Certificate in Derivatives Factsheet

Studying, Training, Booking your exam:
SII's Certificate workbooks are written by investment professionals and trainers with the candidate in mind, using worked examples, self-test questions and revision points. Order your book to start studying NOW
In addition to using the workbook, candidates can train with one of our Accredited Training Providers (ATPs), click here to find your nearest training centre
The certificate is examinable via Computer Based Testing (CBT). Candidates sit their exams at one of the many CBT test centres located worldwide. Candidates receive instant results when leaving the test centre.
Please follow the links below for information on:
studying for your exam
exam training
booking your exam
exam policies and procedures
sample exam questions
tips and hints for passing your exam

Please also visit the Exam Students Area

Further opportunities for Certificate holders

Qualifications & Exams > Certificate Programme > Derivatives