EDUCATION

Introduction

The ACI Dealing Certificate New Version Exam has been designed to cover the basic competence skills for the new entrants in dealing floors and all other financial markets roles related to foreign exchange, interest rates, and commodities instruments.

The Syllabus has been built to allow basic understanding of these instruments and the related financial market segments, therefore providing the required competence level for existing or future financial markets professionals.

Building upon the competence skills provided by the ACI Dealing Certificate New Version, future financial markets professionals will be expected to prove their knowledge and adherence to good market practices embedded in the FX Global Code and other relevant industry Codes and Regulations.

Target Group for the ACI Dealing Certificate

• Recent entrants and junior dealers (0-24 months experience) in the dealing room.
• Middle office and operational personnel
• Compliance and risk officers

• The ACI Dealing Certificate is a precursor to the ACI Diploma.
• The workshop is very interactive with the delegates expected to do work after hours as well as during contact sessions

Career and Employer benefits of the ACI Dealing Certificate:

• Increase candidate opportunities nationally and internationally with a global qualification
• Fulfil the requirements established by financial services authorities for regulated activities
• Learn a global standard and a skill set which is unique in treasury
• Become part of a global community of thousands of ACI certificate holders
• Enable your organization to successfully pass risk assessments conducted by regulators
• Staff members fulfil the requirements established by financial services authorities for regulated activities

Timetable for Class

Day 1:

• Money market instruments and calculations
• Repos
• Bonds

 Day 2:

• Foreign exchange – spot, forwards, cross currencies, FX swaps etc.

Day 3:

• Forward rate agreements
• Interest rate swaps
• Options
• Futures

Day 4

• Financial market applications including risk, Basel III, VAR, and a bit of ALM

Cancelation prior to 1 month  before the course starts – fully refundable.

Cancelation between 1 Month and 2 weeks before the course starts – 50% refund.

Cancelation less than 2 week before the course starts – no  refund.

Important: Participation in any course offered by ACI Forex Danmark requires a valid membership in ACI Forex Danmark. If you are not already a member of ACI Forex Danmark you can become one as part of the sign up process, assuming you fulfil the membership requirements (for more information visit our statutes on our webpage). Becoming member incurs an additional fee.

ACI Forex Danmark and ACI Australia

Proudly host

 The ACI Australia Dealing Simulation

27 April to 30 April 2026

Venue: Rungstedgaard Hotel, Rungsted Strandvej 107, 2960 Rungsted Kyst, Denmark

The FASTEST Way to Learn the Dynamics of the FX Market

Take on the role of FX Sales, Cash and Options Trading. Build an understanding of liquidity and execution risk and how to understand and facilitate, customer business on the only hands-on Simulated Dealing Course of its kind in the world!

There are many critical lessons to be learnt in understanding the workings of the foreign exchange market – What price should I make? What does my customer need? How do I manage my customers’ orders? How do I execute this risk on my or the customer’s behalf? What other risks do I need to manage? Theoretical knowledge can help but practical experience and training is paramount.

The ACI Australia Dealing Simulation is the fastest and most effective way to acquire that invaluable practical knowledge. Participants experience real-life simulated market scenarios over five high- impact days.

Run in accordance with the internationally- recognised FX Global Code of Conduct that promotes and encourages markets best practice, integrity and professionalism.

Important information:

• Price 20k DKK ( EUR 2.700) + 1 year membership 1250,- DKK (EUR 170)  if not already a member of ACI Danmark

The sign up price covers the course, tuition and hotel at Rungstedgaard (27th- 30th April 2026) If an extra night is needed, please let us know as soon as possible and  we can book that for you. The extra cost will be held by yourself.

Cancelation Policy:

• A 100% refund will be made for Cancelation notified in writing before February 15th
• A 50% refund will be made for Cancelation notified in writing before March 1^st
• No refund will be given in respect of any Cancelation made after March 1st
• Global Sponsors: LMAX and CME Group

The 2026 course is now fully electronic, we have removed the broking desk and have added an extra liquidity provider on the electronic trading system to boost liquidity there, an additional CLOB is also being added to help teach VWAP, as well as TWAP, execution techniques. We have also dramatically increased the amount of customer business the teams see, via RFQ and the chat mechanism in the form of orders.

We continue to use an RFQ function as we believe this provides detailed insight and education into the processes behind the technology, so that delegates understand how the price is formed, the different ways to manage risk, and the challenges of quoting prices to clients in even the toughest circumstances. This has seen more delegates attend the course from middle office functions, as well as front, we have also seen an increasing number of attendees from the compliance and surveillance functions, as well as from technology teams.

We accept that in the modern world there is greater automation but feel there is still real value in providing that background knowledge as to what happens behind the machines

Likewise, while we understand that algos squeeze the time horizon for trading news events, it is important delegates understand why and how the market moves therefore, as is central to the Dealing Simulation Course, we enable them to learn through experience. While we have reduced the emphasis on P&L in recent years, it is still a useful tool for quantifying the difference between a proactive and passive response to events, flow, and other information.

Ethical debates have been added to the agenda to ensure that delegates understand key issues still facing the FX industry the grey areas that are inevitable in a principles-based document like the FX Global Code. These debates, which use real-life cases to provide context, are on subjects such as the repapering of trades; best execution; last look; and stop-losses. There are also ongoing discussions around incidents that arise during the live dealing sessions on the course.

The Chat Room is used for customer business, options execution and for market colour.

This has proven very useful on the courses to help put FX Global Code principles into action and to provide discussion points for the post-session brief.

Teams may also be required to use technical analysis to help with trading, options decisions and communication with clients to pass trading ideas and market colour.

The teams are now made up of two or three persons, with three principal roles

1)            Liquidity provider and execution trader

2)            Sales function and options trader.

3)            Technical analysis.

Above are some of the changes we have made to the DSC which we believe helps provide the necessary grounding in risk management and liquidity in a modern market structure framework.

Any questions please do not hesitate to reach out.

From January 2017, ACI has taken over the management of test centres to improve the service we provide to exam candidates and members. Please use the link below to register and/or to indicate where you wish to sit an exam.

ACI oversees an extensive and ever-growing Test Centre network with over 130 centres available to exam participants in more than 90 countries. Through our Test Centre partnerships further locations are continually being added. If you would like to register for an exam in a country which is not listed, please do specify the country in the corresponding field and we will do our best to organise an exam seat in a location nearest to you.