ACI FX Global Code Practice Exam

The ACI FX Global Code certification is designed to help professionals understand and follow the globally accepted principles for conducting foreign exchange (FX) market activities. It focuses on building ethical behavior, strong compliance standards, and best practices in FX trading and operations. The certification helps individuals learn how to conduct themselves responsibly while dealing with global currencies, clients, and financial institutions.

In simpler terms, this certification shows that a person knows how to act fairly, honestly, and professionally in the foreign exchange market. It teaches how to handle money transactions between different currencies while following international guidelines. It is useful for anyone who wants to work in roles connected to currency trading, banking, treasury, or global finance, ensuring they understand how to reduce risks and maintain trust in the market.
 

Who should take the Exam?

This exam is ideal for:

• FX Traders 
• Treasury Analysts 
• Compliance Officers 
• Risk Managers 
• Investment Bankers 
• Financial Controllers 
• Banking Operations Staff 

 

Skills Required

• Understanding of foreign exchange market operations
• Knowledge of ethical standards and market integrity rules
• Risk awareness and mitigation techniques
• Attention to detail and accuracy
• Strong analytical and decision-making skills
• Good communication and reporting skills

 

Knowledge Gained

• Core principles of the FX Global Code
• How to ensure fair and transparent currency trading
• Risk management and compliance in FX markets
• Techniques to maintain confidentiality and client trust
• Understanding of market governance structures
• Ways to identify and handle conflicts of interest

Course Outline

The ACI FX Global Code Exam covers the following topics - 

Module 1. Introduction and background

• Background to the FX Global Code

Module 2. Ethics - principles 1 - 3

• Principles 1 - 3

Module 3. Governance - principles 4 - 7

• Principles 4 and 7

• Principles 5 and 6

Module 4. Execution - principles 8 - 18

• Principles 8, 9 and 14

• Principles 10 and 11

• Principles 12 and 13

• Principles 15 and 16

• Principles 17 and 18

Module 5. Information Sharing - principles 19 - 23

• Principles 19 - 20

• Principles 21 -22

• Principle 23

Module 6. Risk Management and Compliance - principles 24-41

• Principles 24 and 26

• Principles 25, 27 and 28

• Risks we face in dealing in the FX markets

• Principle 29

• Principle 30 and 31

• Principles 32 and 33

• Principles 34 and 35

• Principles 36 - 39

• Principles 40 and 41

Module 7. Confirmation and Settlement - principles 42-55

• Principles 42 - 44

• Principles 46 - 47

• Principles 45, 48 and 49

• Principles 50 - 52

• Principles 53 - 55