What you learn
The ACI Online FX Global Code Certificate Exam is designed to provide candidates with the ability to attest that they have a comprehensive understanding of the FX Global Code, the industry’s common set of principles and guidelines that promote the integrity and effective functioning of the wholesale foreign exchange market.
Who will benefit from taking it
Taking the ACI Online FX Global Code Certificate is beneficial to everyone by virtue of the Code itself being universal in its scope.
The Certificate represents an excellent, proactive action by a candidate to to demonstrate their personal knowledge of, and adherence to, the FX Global Code’s principles to relevant competent authorities and is a potential differentiator in respect of ‘Code compliance’ and career development.
The syllabus is split into seven sections, mirroring the Introduction and six main sections of the Code itself.
– Information Sharing
– Risk Management & Compliance
– Confirmation & Settlement
The full detailed syllabus, together with the exam format and structure, may be found here.
Exam Format & Structure
The examination lasts ONE HOUR and comprises 40 MULTI-CHOICE QUESTIONS. Each question has four possible answers.
The exam does not need to be taken in one sitting. Candidates may pause and return over a period of 30 days from first starting the exam, provided the maximum duration of one hour has not been reached.
Overall Pass grades are as follows:
85% Pass with Merit
95%+ Pass with Distinction
There is no minimum pass score per section for this exam nor are there any calculation questions.
The Exam Sections mirror the Introduction and main sections of the FX Global Code and the number of questions per section are:
2 Ethics (Principles 1 – 3)
6 Governance (Principles 4 – 7)
8 Execution (Principles 8 – 18)
6 Information Sharing (Principles 19 – 23)
8 Risk Management & Compliance (Principles 24 – 41)
8 Confirmation & Settlement (Principles 42 – 55)
Exam Sample Questions
Sample questions for the ACI Online FX Global Code Certificate may be found here.
Exam Period of Validity
The validity of the ACI Online FX Global Code exam is ONE YEAR.
Candidates who have successfully passed the exam before pay a reduced exam fee to resit the exam.