Basics of Forwards and Futures Derivatives markets assume you grasp spot prices, interest rates, and basic arbitrage logic before diving into forwards and futures mechanics. Most candidates arrive with foundational knowledge of equities or bonds, then encounter contract specifications, margin requirements, and the critical differences between OTC forwards and exchange-traded futures. A weak grip on time value of money or cost-of-carry concepts often trips up test-takers midway through pricing scenarios.
| Exam Name | Basics of Forwards and Futures |
| Format | PDF & Practice Test Engine |
| Target Year | 2026 Updated |
| Features | 100% Verified Q&As |
