CIRO Derivatives Exam Syllabus

Use this page as your coverage checklist for CIRO Derivatives Exam.

Live topic list

1. Element 1 — The client relationship
2. Element 2 — Regulatory documentation
3. Element 3 — Types and features of derivatives
4. Element 4 — Derivative pricing
5. Element 5 — Derivative trading, clearing and settlement
6. Element 6 — Speculating, hedging and other investment strategies
7. Element 7 — Integrity in the derivative markets
8. Element 8 — Standards of conduct and conflicts of interest

How to use the syllabus

• Work through the topics in order if you want a clean first pass.
• After each topic, run a short set in practice to confirm you can apply the rules under time pressure.
• Use the cheat sheet to condense each topic into a few decision rules, control points, or escalation cues.

Exam snapshot

• Format: 120 multiple-choice questions, 180 minutes
• Current topic count: 8