National Commodity Futures Exam book. Read by Edward S. Bradley. Arco National Commodity Futures Exam: Series 3 Exam of the Nfa (National Commodity Futures Exam).

National Commodity Futures Exam book. See a Problem? We’d love your help. 0136922600 (ISBN13: 9780136922605).

The Series 3 exam-the National Commodities Futures Examination-is a National Futures Association (NFA) exam administered by FINRA. The exam consists of 120 scored questions. Candidates have two hours and 30 minutes to complete the exam, which consists of two parts. For additional information about this exam, including the content outline, please visit the National Futures Association Proficiency Exam page. 1. Enroll for an Exam. 3. On the Day of Your Exam. Series 3 at a glance.

The Commodities Futures Trading Commission (CFTC) and the National Futures Association (NFA) require any person .

The Commodities Futures Trading Commission (CFTC) and the National Futures Association (NFA) require any person doing futures business with the public to register with and be licensed by the NFA. You must pass the Series 3 to be qualified to register with the NFA as an associated person/registered commodity representative. Are There Any Prerequisites? There are no prerequisite exams to pass before sitting for the Series 3 exam. What Is the Series 3 Exam Like? The Series 3 examination contains 120 true/false and multiple-choice questions (about 1/3 of the questions are true/false questions)

The Series 3 National Commodities Futures Examination is the required entry-level test for commodity and derivatives trading under the National Futures Association (NFA)

The Series 3 National Commodities Futures Examination is the required entry-level test for commodity and derivatives trading under the National Futures Association (NFA). If you wanted to get hired trading these assets with money not your own, you’d generally need a Series 3 to your name. The Series 3 is similar to the Series 7 General Securities Representative Exam (GS) being the gateway into securities by being a broker-dealer under FINRA.

The Series 3 is an exam, also known as the National Commodities Futures Examination, administered by the . Typically, FINRA will notify directly the NFA that an individual has passed one of the futures industry exams.

The Series 3 is an exam, also known as the National Commodities Futures Examination, administered by the Financial Industry Regulatory Authority (FINRA) on behalf of the National Futures Association (NFA). Candidates who pass the exam are eligible to register with the NFA and sell commodity futures contracts and options on commodity futures contracts. In some circumstances, however, the NFA may request that candidates provide proof that they passed. Alternatives to the Series 3.

Study Flashcards On Series 3 - National Commodity Futures Exam - Flashcard Drill at Cram. Quickly memorize the terms, phrases and much more.

enter the exam fully mentally prepared. ABOUT THE SERIES 3 EXAM xi. ABOUT THIS BOOK xv. ABOUT THE TEST BANK xvii. ABOUT THE SECURITIES INSTITUTE OF AMERICA xix.

Youll even find guidance toward effective studying methods that allow you to enter the exam fully mentally prepared. The National Commodities Futures Examination (Series 3) tests your knowledge of rules and statutes applicable to the markets. Chapter 1 futures and forwards 1. The Spot Market 1. Forward Contracts 2. Futures 3.

iii Contents 1 Futures Trading Theory, Basic Functions, and Terminology 1 . Commodity Markets 3 Cash Market ■ Forward Contracts Definition ■ Forward Cash Contracts ■ Forwards Limitations ■ Futures Exchanges ■ Commodity Futures Market ■ Basis . Commodity Futures Exchanges. Commodity Futures Exchanges 22 . Summary 31 2 Speculation, Hedging, and Spreading 37 . Speculation 39 . Hedging 42 Long.