ACI Dealing Certificate 002-100 FAQ
The ACI Dealing Certificate Exam tests your knowledge of the characteristics and pricing of the financial market instruments, market forces market risks and regulations. This certification validataes your skills and expertise while makingyou industry ready.
Before venturing into the preparations for the exam you need to have complete clarity. Here we provide you answers to some Frequently Asked Questions that will help you have a better understanding of the exam.
What is ACI certification?
ACI is a financial market association which provides 30 certification programs in different areas depending upon the requirements of the individuals.
What is ACI Dealing Certificate (002-100) exam?
This Certification exam will enhance your knowledge on structure and operations of major foreign exchange, applications related to fundamentals mathematics used in the market and skills required for competent participation.
Do I need to be a member of the ACI to take the exam?
No, it is not necessary for you to be a member to take the exam. This exam is open for everyone
Who is best suitable for ACI Dealing Certificate (002-100) exam?
Individuals who are new entrants and junior dealer with having experience of 0-18 months in dealing room, middle office and operation personnel and auditors and compliance officer can apply for the exam.
Where can I take the exam?
The exam is computerised. You can take it at any of testing centres around the world. For a list of the available testing centres, go to ACI FMA Webshop
When must I take the exam?
You can take the exam whenever you feel ready. You need to book the exam for the date and time of your own choice.
How much does the exam cost?
The Dealing Certificate exam costs €250
How many times may I take the exam?
The ACI Dealing Certificate Exam can be taken up as many times as you like until you have successfully passed it, but you must pay the exam fee each time!
Can I use a calculator during the exam?
Yes you are allowed a calculator. Most ‘normal’ calculators are acceptable – it should be either a Hewlett Packard HP12C, HP17B or HP19B, or any other hand-held calculator which is not text-programmable. In addition, a ‘Windows’ calculator is available on the computer screen while you are taking the exam.
Can I use formula sheets in the exam?
Yes you are allowed official ACI formula sheets. The formula sheets should be provided by the testing centre on arrival; copies of the official formula sheets are also included with our training. In addition, the formula sheets are available on the computer screen while you are taking the exam.
What is passing criteria for ACI Dealing Certificate (002-100) exam?
You need to score minimum 60-69.9% to pass the exam. For merit you need to get 70-79.9% and above 80% will be considered as distinction.
When will I receive my result?
The result will be shown after the completion of the exam. A copy of your electronic certificate will be mailed to you as well.