QUESTIONS UPDATED TO OCTOBER 2024

A one hour exam consisting of 40 multiple choice questions.  To pass, you must answer 28 questions (70%) correctly. Recently, the average pass rate was 78%.

Talking Test Bank^TM consists of over 310 practice questions across all 8 Topics, consistent with materials in version 2.8.1 of the LE Study Manual. .  Each question gives feedback, a relevant extract from the Study Notes and an audio explanation of the answers - yes, you can listen to the lecturer online.

Practice all 8 topics to learn the material then attempt practice exams in units of 20 and 40 questions to get exam ready.

Short Sharp Shock^TM gives full access to the Talking Test Bank for 5, 10 or 15 days.

Try the free sample questions below and have a listen to the Introductory Lecture.

Syllabus covers eight topics:

1. Regulatory framework
2. Licensing and registration
3. Client securities and money
4. Conduct of business
5. Record keeping
6. Futures trading and settlement
7. Over-the-counter (OTC) derivatives trading, reporting and clearing
8. Overview of major overseas futures exchanges and clearing houses

For free Paper 3 study resources, including free lectures and study notes, go to PAPER 3 FREE RESOURCES