Derivatives Exam · Exam Guide
The Derivatives elements, explained
Every element with its official exam weight, what it actually tests, how to study it, and a real practice question with explanations. Weights per the official CIRO syllabus.

Element 1
The Client Relationship
8 of 120 questions · 6.7% of the exam
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Element 2
Regulatory Documentation
10 of 120 questions · 8.3% of the exam
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Element 3
Types & Features of Derivatives
22 of 120 questions · 18.3% of the exam
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Element 4
Derivative Pricing
22 of 120 questions · 18.3% of the exam
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Element 5
Trading, Clearing & Settlement
20 of 120 questions · 16.7% of the exam
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Element 6
Speculating, Hedging & Strategies
26 of 120 questions · 21.7% of the exam
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Element 7
Integrity in the Derivative Markets
6 of 120 questions · 5% of the exam
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Element 8
Standards of Conduct & Conflicts
6 of 120 questions · 5% of the exam
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