How many questions are there in the trader examination?
The trader exam encompasses 190 questions, broken down into 4 modules. Further information on the
modules can be found under Content of examination.
How long does the trader examination take?
The candidates have three hours to answer the questions in the trader examination.
Are there exercise questions available to prepare for the trader examination?
In principle, there are no exercise questions for the actual exam. But as a means of giving candidates
an impression of the potential questions, a number of examples from previous tests are available.
How many questions must be answered correctly to pass the trader examination?
At least 70 % of the questions in each of the four modules must be answered correctly to pass
the examination.
What percentage of the candidates passes the trader examination?
Approximately 60% of the candidates pass the examination on the first attempt; repeated attempts
are permitted.
Can private individuals take the trader examination, or is it only intended for traders?
The trader examination is open to all prospective exchange traders, interested persons from the
financial sector, and all private individuals.
Where do the trader examinations take place?
The trader examinations take place in
the training facilities of SIX Swiss Exchange
in Zurich and London.
How is the examination structured?
The trader examination is taken on a computer, and most of the questions are multiple-choice. For
certain calculation examples in Module 1, "Products and Market Skills", and for
certain questions concerning matching rules, the candidate must enter the solution in a text field.
For all questions with text fields, an example of how to phrase the response is shown with the
examination question.
What material is relevant for the trader examination?
All documents associated with the training programme are of relevance for the trader examination.
How long does it take to evaluate the trader examination?
The results are provided as soon as the candidate completes the trader examination.
Can any reference materials or tools be used during the examination?
The following materials are provided to the candidates during the examination:
Federal Act on Stock Exchanges and Securities Trading (SESTA)
List of formulas (provided by SIX Swiss Exchange)
Calculator (non-programmable)
Can the cost of the trader examination be billed?
The trader examination can only be paid by credit card.
Are reimbursements credited to the credit card used for payment?
It is not possible to credit the cost back to the credit card. If your costs are to be reimbursed,
please provide us with the following information:
Account no.
IBAN
Name and address of bank
Bank clearing no.
Account holder
