Thursday, April 18, 2013

Pass the Series 3 National Commodity Futures Exam!!!

 

This is a very good resource for Series 3 exam facts!  At http://www.examfacts.com they have an excellent study guide filled with basic exam facts for the Series 3 exam.  The book is also available at Amazon.com.


 Sample Exam Facts:

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What is a Forward Sale?

Forward Sale is hedged with long futures because the hedger agrees to deliver goods he does not currently own


What is comex? 
Commodity exchange incorporated precious metals



What are Acreage control programs (ACPs)?

 ACPs attempt to reduce supplies of certain commodities to support price levels
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