Derivatives Exam Preparation

Master options, futures, and derivative strategies. Comprehensive preparation for derivatives certification with expert instruction.

About Derivatives Certification

The Derivatives Exam is essential for investment professionals who trade or advise on options, futures, and other derivative instruments.

This certification covers options strategies, futures contracts, hedging techniques, pricing models, and regulatory requirements for derivatives trading in Canadian markets.

Derivatives Exam Coverage

Options Strategies

Calls, puts, spreads, straddles, and complex option strategies

Futures Trading

Commodity futures, index futures, and futures strategies

Hedging Techniques

Portfolio hedging, risk management, and protective strategies

Pricing Models

Black-Scholes, Greeks, and derivative valuation

Regulatory Framework

CIRO rules and margin requirements for derivatives

Risk Management

Derivatives risk assessment and position management

DERIVATIVES

DERIVATIVES FUNDAMENTALS & OPTIONS LICENSING

Choose Your Study Pathway

Select the pathway that matches your background — both lead to full Derivatives exam readiness.

Pathway 1

Build Your Foundation

For fresh candidates with limited industry or subject matter knowledge

The book provides a comprehensive foundation, while the subscription delivers instructor-led video tutorials, mock exams, and the question bank for active practice and exam readiness.

INCLUDES
📘
Amazon BookCAD $299.99
Comprehensive Derivatives study guide
+
🎓
Monthly Subscription$29.99/month
Video tutorials · Mock exams · Question bank
Pathway 2

Accelerate Your Prep

For candidates with a finance degree or relevant industry experience

The interactive quick study guide delivers a focused review of core concepts, while the subscription provides video tutorials, mock exams, and the question bank to sharpen your exam readiness.

INCLUDES
⚡
Online Interactive Quick Study GuideCAD $49.99
Focused concept review
+
🎓
Monthly Subscription$29.99/month
Video tutorials · Mock exams · Question bank

Derivatives Course Features

Options strategy tutorials

Futures trading simulations

Pricing model calculators

Risk management tools

Practice exam questions

Expert instructor support

Derivatives Exam Study Materials

Comprehensive study guides available on Amazon

Derivatives Interactive Quick Study Guide

Master Derivatives with 8 elements, reading notes, games, flashcards, quizzes, and mock exam with diagnostics

AMAZON PRICE

CAD $49.99

Buy on Amazon
RECOMMENDED

Printed Derivatives Study Guide

Complete Study Book

Comprehensive study guide for the CIRO Derivatives Exam. Covers options, futures, forwards, swaps, and all derivative instruments.

AMAZON PRICE

CAD $299.99

Buy on Amazon

Derivatives Mock Exams

Printed Mock Exams

Practice with full-length mock exams that replicate the Derivatives exam in structure and difficulty.

View on Amazon

Derivatives Quick Study Guide

Short Exam Guide

Top concepts guide distilling the Derivatives syllabus into the most testable, high-probability topics.

View on Amazon

Derivatives Course Pricing

BEST VALUE

Monthly Plan

$29.99

per month • Cancel anytime

  • All video lessons
  • AI Tutor access
  • Practice questions
  • Mock exams
  • Study guides
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Frequently Asked Questions

Everything you need to know about the Derivatives exam

What is the Derivatives exam?+
The CIRO Derivatives Exam is a proficiency requirement for investment professionals who want to advise on or trade derivative products including options, futures, forwards, and swaps in Canada.
How many questions are on the Derivatives exam?+
The Derivatives exam has 120 multiple-choice questions that must be completed in 3 hours. The passing score is determined by CIRO for each exam sitting.
What topics are covered on the Derivatives exam?+
The exam covers options fundamentals, futures contracts, trading strategies (covered calls, protective puts, spreads, straddles), risk management, pricing models (Black-Scholes, Greeks), and regulatory requirements.
Do I need math skills for the Derivatives exam?+
Yes, the Derivatives exam includes calculations for option pricing, Greeks (Delta, Gamma, Theta, Vega), margin requirements, and profit/loss scenarios. Strong mathematical skills are beneficial.
What are the prerequisites for the Derivatives exam?+
You should complete either the RSE or ISE exam before taking the Derivatives exam, as it builds on foundational securities knowledge.
How long should I study for the Derivatives exam?+
We recommend 8-10 weeks of dedicated study time. The Derivatives exam is considered the most challenging CIRO exam due to its mathematical and analytical requirements.
What careers require the Derivatives exam?+
The Derivatives exam is required for Options Traders, Derivatives Analysts, Risk Managers, and Portfolio Managers who deal with derivative products.

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