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Wiley Series 3 Exam Review 2016 plus Test Bank: The National Commodities Futures Examination 3rd Revised edition [Mīkstie vāki]

  • Formāts: Paperback / softback, 216 pages, height x width x depth: 277x216x13 mm, weight: 535 g
  • Sērija : Wiley FINRA
  • Izdošanas datums: 20-Jul-2016
  • Izdevniecība: John Wiley & Sons Inc
  • ISBN-10: 1119110645
  • ISBN-13: 9781119110644
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  • Mīkstie vāki
  • Cena: 158,70 €
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  • Formāts: Paperback / softback, 216 pages, height x width x depth: 277x216x13 mm, weight: 535 g
  • Sērija : Wiley FINRA
  • Izdošanas datums: 20-Jul-2016
  • Izdevniecība: John Wiley & Sons Inc
  • ISBN-10: 1119110645
  • ISBN-13: 9781119110644
Citas grāmatas par šo tēmu:
The go-to guide for the Series 3, with practice, examples, strategies, and more

Wiley Series 3 Exam Review 2016 + Test Bank is a comprehensive study guide for the FINRA Series 3 exam, which qualifies candidates to sell commodities or futures contracts. Created by the experts at The Securities Institute of America, Inc., this useful guide provides the information and practice you need to ace the exam. The book is designed to help you build and fine-tune your knowledge of each subject area covered, giving you the confidence you need to perform at your best. Work through review questions, study examples, and develop a strategy for the exam itself. You'll 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. This intense two and a half hour test is a must for aspiring financial professionals, as passing means registration to conduct business in commodity futures and options. This book provides a valuable opportunity to test your knowledge and bring weak areas up to par, with complete coverage of exam topics.

  • Review practice questions taken from each subject area covered by the exam
  • Study hundreds of examples to clarify complex concepts and techniques
  • Gain insight into the best strategies and tips for taking the Series 3
  • Develop an effective study plan to stay focused and keep stress to a minimum

Although the exam is entry-level, the stakes are high and the subject matter is complex. Don't muddle through it alone and assume you're prepared – this guide helps you be sure. For the Series 3 candidate serious about success,Wiley Series 3 Exam Review 2016 is your ticket to passing with flying colors – the first time.

About The Series 3 Exam ix
About this Book xiii
About the Test Bank xv
About the Securities Institute of America xvii
Chapter 1 Futures and Forwards
1(14)
The Spot Market
1(1)
Forward Contracts
2(1)
Futures
3(1)
Trading Futures on the Floor of the Exchange
4(1)
Clearinghouse
5(2)
Clearing Member Margin Calculations
7(1)
Basis Grade
8(3)
Pretest
11(4)
Chapter 2 Trading Commodity Futures
15(16)
Types of Orders
15(1)
Market Orders
16(1)
Buy Limit Orders
16(1)
Sell Limit Orders
16(1)
Stop Orders/Stop Loss Orders
17(1)
Buy Stop Orders
18(1)
Sell Stop Orders
18(1)
Stop Limit Orders
19(1)
Other Types of Orders
19(10)
Pretest
29(2)
Chapter 3 Futures Pricing
31(14)
Contract Sizes and Pricing
31(4)
U.S. Treasury Futures
35(1)
Stock Index Futures
36(1)
Index Future Settlement
37(1)
Single Stock Futures
37(1)
Foreign Currency Futures
38(3)
Pretest
41(4)
Chapter 4 Price Forecasting
45(16)
Futures Market Pricing Structure
45(3)
Agricultural Futures Pricing
48(1)
Government Agricultural Programs
49(1)
Crop Year
49(1)
Technical Analysis
50(7)
Pretest
57(4)
Chapter 5 Speculation and Hedging
61(30)
Speculation
61(3)
Margin
64(2)
Maintenance Margin
66(4)
Changes to the Margin Requirement
70(1)
Hedging
71(4)
How to Manage an Imperfect Hedge
75(1)
A Change in Basis Price
76(3)
Hedging Financial Risks
79(8)
Pretest
87(4)
Chapter 6 Commodity Futures Options and Commodity Futures Spreads
91(40)
Option Classification
91(1)
Option Classes
92(1)
Option Series
92(1)
Bullish vs. Bearish
92(1)
Possible Outcomes for an Option
93(1)
Managing an Option Position
94(1)
Buying Calls
94(2)
Selling Calls
96(2)
Buying Puts
98(1)
Selling Puts
99(2)
Option Premiums
101(2)
Intrinsic Value and Time Value
103(1)
Multiple Option Positions and Strategies
104(1)
Long Straddles
104(3)
Short Straddles
107(3)
Spreads
110(1)
Analyzing Spreads/Price Spreads
111(1)
Bull Call Spreads/Debit Call Spreads
111(2)
Spread Premiums Bull Call Spread
113(1)
Bear Call Spreads/Credit Call Spreads
114(2)
Spread Premiums Bear Call Spread
116(1)
Bear Put Spreads/Debit Put Spreads
117(1)
Spread Premiums Bear Put Spread
118(1)
Bull Put Spreads/Credit Put Spreads
119(1)
Spread Premiums Bull Put Spread
120(1)
Synthetic Risk and Reward
121(2)
Delta
123(1)
Spreading Futures Contracts
123(4)
Pretest
127(4)
Chapter 7 Cftc & Nfa and Regulations
131(32)
The Commodity Exchange Act of 1936
131(2)
Futures Commission Merchant
133(1)
Introducing Broker
134(1)
Commodity Pool Operator
134(2)
Commodity Trading Adviser
136(1)
Risk Disclosure Documents
136(6)
Additional Disclosures by CTAs and CPOs
142(1)
Customer Accounts
143(5)
Arbitration
148(1)
The CFTC Reparation Process
149(5)
Written Communication with the Public
154(5)
Pretest
159(4)
Answer Keys 163(8)
Glossary of Exam Terms 171(14)
Index 185