Optional track, unlocks after Seat Holder

Broker: Series 3 prep

14 lessons. 0 of 14 published so far; the rest are being written.

1. 1Futures terminologyOutline

   Market Knowledge

2. 2Hedging: short and long hedgesOutline

   Market Knowledge

3. 3Basis: strengthening and weakeningOutline

   Market Knowledge

4. 4Spreads: intramarket, intermarket, intercommodity, bull vs. bearOutline

   Market Knowledge

5. 5Options on futures: calls, puts, premium, intrinsic and time valueOutline

   Market Knowledge

6. 6Options strategies: breakeven, max gain, max lossOutline

   Market Knowledge

7. 7Financial futures: interest rate, currency, stock indexOutline

   Market Knowledge

8. 8Margin, settlement, delivery, price limitsOutline

   Market Knowledge

9. 9Fundamental vs. technical analysisOutline

   Market Knowledge

10. 10The regulators: CFTC, NFA, exchangesOutline

    Regulations

11. 11Registration categories: FCM, IB, CTA, CPO, AP, floor brokerOutline

    Regulations

12. 12Customer protection: segregated funds, risk disclosureOutline

    Regulations

13. 13Accounts and conduct: discretionary accounts, promo rules, arbitrationOutline

    Regulations

14. 14Position limits and large-trader reportingOutline

    Regulations