Futures Broker Home Study Course – CTA Series 3

Course Overview

The Futures Broker Home Study Course has 8 sections, each covering one of the topics in the National Futures Association’s study outline for the National Commodity Futures Exam (Series 3).

The Quizzes have expanded answer keys showing calculations and/or page references for answers. 2 final exams are patterned after the NCFE (National Commodity Futures Exam) and each has an expanded answer key.

Course Outline

Topics covered in this course include:

• Futures Trading Theory and Basic Functions Terminology
• Margins, Option Premiums, Price Limits, Futures Settlements, Delivery, Exercise, and Assignment
• Types of Orders and Price Analysis
• Basic Hedging, Basis Calculations, Hedging Commodity Futures, Hedging Financial and Monetary Futures, including Security Futures Products such as SSFs and narrow-based indexes
• Spreading
• Speculating in Futures
• Options Hedging, Speculation, Spreading
• NFA/CFTC Regulations (relating to AP Activities), Regulations on CPOs/CTAs
• 2 Final Exams
• Glossary
• Index

What Will You Learn?

If you’ve ever wondered what makes the Center for Futures Education’s Futures Broker Home Study Course the best Series 3 prep course on the market, here are five reasons:

1. It was written by a two-person team (from widely differing backgrounds) who have both taken the Series 3 exam, not by a panel of experts who have never taken the exam.
2. We retake the exam periodically and update our material accordingly – even after 30 years.
3. Shortly after it was written, it was read by our secretary who had no special training in this field and a high school education only. In areas where she had problems, we rewrote the material so it was clear to her.
4. When customers call in with questions about the material, we rewrite the material on which they had questions until it is clear.
5. We used the Futures Broker Home Study Course as a textbook to teach German students (who had English as a second language) to pass the Series 3 exam. When something wasn’t clear to them, we rewrote it until it was clear.

Who Is This Course For?

The futures Broker Home Study Course is for those who are preparing for National Commodity Futures Exam.