Series 3 Printed Materials
This book provides 10 chapters with over 200 practice questions to teach the Market Knowledge and Regulations topics needed for the Series 3 exam.
Description
This text, in chapter format, covers futures theory, orders, options, hedging, spreading, margin/settlement, analysis and CFTC/NFA rules. The text is over 200 pages with over 500 simulated exam questions. All questions include answers and rationales. A glossary of terms is included.
Study FAQ
Series 3 Study Tips
Series 3 FAQ's
Read each section - Review all questions and detailed explanations, continue this process throughout the chapters.
Review the "Summary" found at the end of each chapter. Use the "Glossary of Terms," found in the back of the book.
Score a minimum of 82 to 85% on ALL exams and quizzes. Take regular breaks, about 15 minutes for 2 hours of study.
Series 3 FAQ's
How many questions are on the exam? 120 multiple-choice. Series 3 contains 5 additional "trial" questions that do not count towards your grade. Extra time is built into the exam to accommodate these 5 questions.
How long is the exam? 2 hours 30 minutes.
How is the exam set up? You should anticipate a “bell-curve” exam. Which means the exam will start out at an easier level, as you progress through the exam, approaching the middle of the exam, test questions will become more difficult. As you near the end of the exam questions will once again become easier.
Where do I take the Series 3 examination? The examination is a proctored exam and must be taken at a qualified exam center. To locate the one nearest you, please visit www.prometric.com or www.pearsonvue.com
Is there a fee for the Series 3? Yes, the cost is $125.
Are you allowed to take a calculator into the exam center? No, however, the exam center will provide a calculator upon request.
Will I be allowed to take paper into the exam center? No, however, the exam center will provide scratch paper.
Do I have to be sponsored to take this examination? No
What is the required pass rate for the Series 3 examination? You must score at least a 70% or higher on the examination to pass.