ACI FMA Launches New Version of ACI Dealing Certificate

The ACI Financial Markets Association (ACI FMA) announced the launch of the ACI Dealing Certificate New Version today, which will co-exist with the current ACI Dealing Certificate for a minimum period of 6 months before the latter is discontinued.

Global trade association ACI FMA was established in 1955. It represents the interests of the professional wholesale financial markets community and focuses on enhancing best market practice and supporting market participants to adhere to principals of ethical conduct.

The ACI Dealing Certificate exam is a highly relevant qualification recognised by international regulators.

This includes the UK’s Financial Conduct Authority, which recognises the ACI Dealing Certificate complying with the qualification requirements of four activities of its Retail Distribution Review.

The ACI Dealing Certificate New Version is a precursor to the ACI Diploma, which was updated in December 2019. It is similarly organised across its five core areas: Financial Markets Environment, Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, Rates, FICC Derivatives and Financial Markets Applications.

The ACI Dealing Certificate New Version is aimed at new entrants and junior dealers, middle office and operations personnel, auditors and Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term officers in Europe, the Middle East, the Americas, Africa and Asia.

This is the first ACI exam launched with two different pricing levels, to ensure that ACI Members all over the world obtain greater value from ACI FMA by being entitled to a discounted price.

Influencing trading education

“The ACI FMA has continued to lead the way in influencing trading education, conduct and behaviour internationally. Ensuring our exams and educational tools are updated in line with changing market dynamics and regulatory initiatives are crucial to this”, Rui Correia, Director and Chair of Board of Education at ACIFMA, says.

“The ACI Dealing Certificate New Version will play a key role in ensuring market professionals acquire good knowledge of the structure and operation of the major financial markets. Over the coming months, we will continue to focus on updating our examination suite and respective syllabus,” he adds.