CIRO Trader Exam Syllabus

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

Live topic list

1. Element 1 — The regulatory environment
2. Element 2 — Capital formation
3. Element 3 — Role of Traders and trade execution
4. Element 4 — Marketplaces
5. Element 5 — Methods of trading
6. Element 6 — Trading rules
7. Element 7 — Trade desk function, supervision and compliance
8. Element 8 — Specific requirements for derivatives
9. Element 9 — Clearing and settlement
10. Element 10 — Ethics, conflicts of interest and confidentiality

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: 100 multiple-choice questions, 120 minutes
• Current topic count: 10