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The Series 56 Professional Trader Study Course
Be fully prepared and improve your chances of passing the series 56 exam.

1-Day Course - $495


This one-day course is designed to prepare you for the series 56 professional trader exam so that you will improve your chances of passing the test .


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About The Series 56 Exam

The Proprietary Traders Qualification Examination (Series 56) is designed to test a candidate's knowledge of applicable products, securities markets, trading and reporting practices, investment strategies, and anti-fraud provisions as applicable to the role of a proprietary trader.

About The Series 56 Exam

The examination is composed of 100 multiple-choice questions covering the materials in the following outline in accordance with the subject-matter distribution listed. Candidates will be allowed 2 1/2 hours to complete the examination. At the completion of the examination, each candidate will receive an informational breakdown of their performance on each section and their overall score. The examination is a closed-book test and candidates will not be permitted to use any reference material during their testing session. Scratch paper and a basic electronic calculator will be provided by the test center administrator. Severe penalties are imposed on candidates who cheat on securities industry qualification examinations.

To ensure that new questions meet acceptable testing standards prior to use, each examination includes 5 additional, unidentified "pre-test" questions that do not contribute towards the candidate's score. The 5 questions are randomly distributed throughout the examination. Therefore, each candidate takes a total of 105 questions, of which 100 questions are scored.

Proprietary traders and market makers will soon be taking the new Series 56 Examination, unlike the Series 7 exam; this new exam will focus on trading-specific topics.

 

 







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