How to Prepare For ACI 310-013: ACI Operations Certificate Challenging Exam

ACI-3I0-013

Preparation Guide for ACI 310-013: ACI Operations Certificate Challenging Exam

Introduction

ACI Financial Markets Association (ACIFMA) is a leading global trade association with over 9,000 members in more than 60 countries representing the interests of the professional financial markets community. ACI FMA, which was founded in 1955, focuses on improving best business practices and encouraging market participants to commit to ethical behavior standards.

The ACI Model Code exam (3I0-002) has been recognised as the first industry-wide Code of Conduct based on the initial ACI Codes of Conduct of the 1970s for OTC FX and related markets. The ACI Model Code exam (3I0-002) has strongly influenced many national Codes of Conduct but was discontinued in 2017 with the release of the ACI 310-013: ACI Operations Certificate Challenging, the composition of which ACI FMA participated, as well as other Code of Conduct initiatives, subsequently revised to include the larger OTC community-and extended from the dealing room through to back office operations.

Under the supervision of the Board of Education, education services include the ACI 310-013: ACI Operations Certificate Challenging, ACI Dealing Certificate, ACI Operations Certificate, ACI Diploma, and the Latest Edition of the ACI Diploma. The ACI Committee on Professionalism oversees industry best practices for ethical behavior.

This document is an exam guide designed to assist applicants in determining the significance of the ACI 310-013: ACI Operations Certificate Challenging Exam and to provide all necessary information such as prerequisites, exam contents and format, and so on for the best exam preparation of interested candidates. This guide includes information on the certification test target audience, recommended ACI 310-013 dumps and ACI 310-013 practice exams, and a full list of exam targets, all with the intention of helping you obtain a passing grade. In order to increase your chances of passing the test, we strongly recommend a mix of on-the-job experience, course attendance, and self-study. 

Introduction to ACI 310-013: ACI Operations Certificate Challenging Exam

The ACI 310-013: ACI Operations Certificate Challenging Exam is the new exam version that has replaced the well known ACI Model Code exam (3I0-002). As the Model code exam was retired in 2017, this document will only focus on the ACI 310-013: ACI Operations Certificate Challenging Exam.

The ACI 310-013: ACI Operations Certificate Challenging The exam tests the comprehension of the six topics and 55 principles set out in the Global Code by a person and is an excellent first step in demonstrating compliance with the new Code and a possible differentiator in terms of career advancement. The program is designed for market participants (as specified by the ACi 3I0-013), including buying and selling groups, intermediaries, regulators and central banks, and is applicable to individuals engaged in front-end trading, middle-class, working, compliance and risk functions.

This certification aims to ensure that market participants operate to the highest standards of ethical conduct and best market practices. This Credential is an exemplary first step in demonstrating conformity to appropriate competent authorities with the latest Global Code and a potential differentiator in terms of ‘Code compliance’ and career growth.

Topics of ACI 310-013: ACI Operations Certificate Challenging Exam

These core topics of ACI 310-013 dumps listed below are general recommendations for the material that is likely to be used for the examination. However, on any particular delivery of the test, other similar topics could also appear. The guidelines below can be updated at any time without notice to better represent the contents of the exam and for clarity purposes.

In addition to the topics discussed below, it is anticipated that candidates will be up-to-date with the latest events and market shifts. The updated syllabus effective from July 2019 onwards for the ACI 310-013 practice exams are listed below in detail of each section and their topics:

1.  Introduction to the ACi 3I0-013  

At the end of this section, candidates should:

• Understand what the ACi 3I0-013 is and how it was developed know and understand:

• The six leading principles of the ACi 3I0-013

• To whom the ACi 3I0-013 applies

• What type of market participants are impacted by the ACi 3I0-013

2.  Ethics  

At the end of this section, candidates should understand what is expected of them to exercise judgement to act ethically and professionally:

• Understand Principle 1 (Striving for the highest ethical standards):

• Know the core expectations for ethical behaviour

• Understand who is responsible for maintaining these standards of behaviour

• Understand Principle 2 (Strive for the highest professional standards):

• Understand what is required to conduct themselves to the highest standards of professionalism

• Understand Principle 3 (Conflict of interest):

• Understand potential areas where conflicts of interest may arise

• Know what appropriate arrangements can be made to eliminate conflicts of interest

• Understand the importance of the disclosure of conflicts of interest

3.   Governance  

At the end of this section, candidates should: understand the appropriate governance structures that should be in place to promote and support the principles of the ACi 3I0-013:

• Understand Principle 4 (Oversight and supervision):

• Understand how to provide business strategy and financial soundness to supervise and oversee Market Participants’ conduct

• Understand Principle 5 (A culture of ethical and professional conduct):

• Know and understand different types of internal and external methods of conduct supervision

• Understand Principle 6 (Remuneration structures):

• Understand why different mechanisms of promotion and remuneration are used

• Know the factors to be considered to ensure ethical and professional conduct

• Understand Principle 7 (Policies and procedures for improper behaviour):

• Understand the importance of effective mechanisms to investigate and respond to reports of inappropriate behaviour

• Know where and how to report concerns about inappropriate behaviour

• Understand the correct procedure for investigating reports of inappropriate behaviour

• Understand the correct procedures for internal escalation and external reporting

4.  Execution  

At the end of this section, candidates should: Understand what is expected to execute and

negotiate transactions in a fair and transparent manner:

• Understand Principle 8 (Roles and responsibilities):

• Understand the difference between Agent and Principal

• Understand Principle 9 (Order management):

• Understand the role and conduct expected of order handlers

• Understand what clients should be made aware of when handling orders

• Understand expectations of an E-Trading Platform

• Understand conduct expectations of Interdealer Brokers

• Understand expectations of clients

Who should take the ACI 310-013: ACI Operations Certificate Challenging Exam

Everyone who is into promoting the credibility and efficiency of global operation of the FX Industry is recommended to get this certification. The ACI 310-013: ACI Operations Certificate Challenging Exam is primarily intended for the following groups:

• Participants in the financial market from buy side, sell side and intermediary institutions

• Central banks and regulators 

• Personnel from middle offices and operations

• Officers of compliance and risk

How to study the ACI 310-013: ACI Operations Certificate Challenging Exam

In an approved Test Centre, all ACI examinations are delivered electronically in a regulated environment. The ACI Financial Markets Association is an examination body and third parties, such as training firms, business schools and authors, provide resources for exam preparation. Syllabus, sample questions and other resources can be found at the ACI’s official website. Practice can be improved if ACI 3I0-013 practice tests are taken before applying for the exam. Refer to the links below to access them. Students are highly encouraged to access the ACI Accredited Trainers section from the links down below as they are very helpful when it comes to exam preparation. 

ACI 310-013: ACI Operations Certificate Challenging Certification Path

The certification path of ACI 310-013: ACI Operations Certificate Challenging Exam is fairly simple. There are no official prerequisites for this exam however prior knowledge of the exam contents can be very helpful. The certification path includes only this ACI 310-013: ACI Operations Certificate Challenging exam. The exam will be valid for one year and can be renewed every year after that. * ACI 310-013 dumps* are the best way of starting the preparation of the exam from the initial stage. Our examination 3I0-013 offers you examination questions and checked answers that simulate the actual examination. These questions and answers give you the experience of testing. Not only questions and answers are part of the 3I0-013 test. You have access to high technological know-how and accelerated learning skills. These comprehensive examinations have been prepared by Qualified Experts, Certified Computer Trainers, Technical Coworkers and Extensive Language Masters with a solid, checked, certified history and high technical expertise. 3I0-013 certification tests Q and A give you the impression that you are really taking an exam at a Prometric or VUE Centre. In addition, we update our examination 3I0-013 constantly. These 3I0-013 review updates are delivered to customers free of charge, so that they are not a disposable commodity, but an investment. When our customers decide to take the test, they receive the most accurate and current information. Only contact us. Just contact us. As a Certification Administrator, our applicants go to the screening room confidently. Our 3I0-013 training products have practical and validated answers to your questions. You get experience with these practical questions and answers. Our training products are not just questions and answers. Our training products. You have a high level of technological competence and speed up learning. These comprehensive examinations have been prepared by Qualified Experts, Certified Computer Trainers, Technical Coworkers and Extensive Language Masters with a solid, checked, certified history and high technical expertise. 3I0-013 Certification Q and A tests will make you feel like you are taking an actual test at the end. 3I0-013 certification Q and A In addition, we update our examination 3I0-013 constantly. Those 3I0-013 exam updates are delivered free to customers so that they are not a product, but an investment. When our customers decide to take the test, they receive the most accurate and current information. Only contact us. Just contact us. As a Certification Administrator, our applicants go to the screening room confidently.

How much ACI 310-013: ACI Operations Certificate Challenging Exam Cost

The cost of this exam is Euro 150 including all taxes, but prices for ACI examinations may differ for different countries. The renewal cost for this certificate will be Euro 100 for each time the certification is renewed. Head to the official website of ACI to learn more about the exam cost.

How to book the ACI 310-013: ACI Operations Certificate Challenging Exam

Follow the following steps in order to register for the ACI 310-013: ACI Operations Certificate Challenging exam:

• Step 1: Visit ACI FMA website by clicking here

• Step 3: Scroll down and press the button “Register Your Place”

• Step 3: Under Book your Exam section, press “Book your exam” button

• Step 3: On the new page, against your desired exam, press the “Book online exam” button

• Step 4: Create an account or login

• Step 5: Pay for the exam and follow the instructions

What is the duration, language, and format of ACI 310-013: ACI Operations Certificate Challenging Exam

• Duration of Exam: 60 minutes

• Validity: 1 year

• Questions: 40

• Passing percentage: 75%

• Format: Multiple choice

• Language of Exam: English

The benefit of obtaining the ACI 310-013: ACI Operations Certificate Challenging Exam Certification

• Formal certification of the perception by individuals of prevailing global norms of behaviour and business practises

• Enhanced professional development profile with a recognised qualification for the industry

• Compliance with the conformity criteria levied by the financial services authorities

• Chances, within your CPD profile, to explore more ACI Education opportunities

Difficulty in Writing ACI 310-013: ACI Operations Certificate Challenging Exam  

Every exam seems difficult if not well prepared. One of the key problems faced by most candidates is choosing the right research materials for their exam preparation, since they use the internet to find too much data that makes it difficult for them to trust, which would be helpful for them. The “How to Study for ACI 310-013: ACI Operations Certificate Challenging Exam” section focuses on the resources needed for the best exam preparation.  It is strongly advised to use the course contents mentioned in this document to search online for relevant study material to gain an understanding of what each topic is about. Continuous learning is provided by ACI ELAC portal. ACI 310-013: ACI Operations Certificate Challenging Exam is not a technical exam and can be very easy to solve if well prepared. ACi 3I0-013 practice exams are provided by Certification-questions and can be accessed via the links at the bottom of this document. Certification-questions have the most up-to-date ACi 3I0-013 dumps. Certification-questions also include practice testing, which proves to be an outstanding forum for testing the information gained. Sample questions provided on the ACI’s official website can also be very helpful to gain knowledge of the type of questions expected in the exam.

For more info, read the reference:

ACI Website  

Exam Contents

Sample Questions

FAQs and Guide