Designed for those intending to provide advice on ASX exchange-traded options and warrants.
Are you a representative of a market participant seeking to provide advice or make recommendations to retail clients on ASX exchange-traded options and warrants?
Are you seeking to become ADA Level 1 accredited?
Kaplan’s Accredited Derivatives Adviser Level 1 course is designed for those intending to provide advice on ASX exchange-traded options and warrants.
Level 1 Accreditation (ADA1) — enables you to provide advice on basic derivatives transactions including:
If you wish to provide advice or make recommendations to retail clients on derivatives products you are required to be RG 146 compliant in the areas of generic knowledge and derivatives. If that advice is personal in nature (as opposed to general), you will also have to meet the ASIC derivatives skill requirements. For more information on completing the derivatives skills requirement, refer to Kaplan’s Tier 1 RG 146 Compliance Solution.
The cost to enrol into ADA Level 1 is $485 (GST excluded).
For additional study-related fees, please click here.
You must complete this subject within 12 weeks of the enrolment date.
While there are no formal prerequisites, at least six (6) months’ experience in the derivatives industry prior to enrolling into ADA Level 1 would be beneficial due to the specialist nature of the subject content.
This course requires you to read comprehensive learner workbooks, complete a range of written assessments, undertake independent research activities and at times engage in online forums and discussions. Furthermore, the delivery mode relies on the extensive use of written communication.
If you have any doubts about whether you have the language, literacy and numeracy skills to undertake a Kaplan Professional program, we recommend you speak with our Student Services team on 1300 662 203 or email email@example.com.
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To successfully complete this course, learners will require basic computing skills. This may include:
You may enrol into this subject at any time and begin studying immediately on enrolment.
This course is delivered online via Kaplan’s learning management system KapLearn.
Students receive login details to KapLearn on enrolment. When students log onto KapLearn they can access their subject notes, assessments, additional learning materials such as case studies, practice activities and their online tutor. Students will also receive a set of hard copy notes on enrolment.
Students access and submit their assessments through KapLearn.
Corporate clients should contact our Corporate Solutions Representative on 1300 728 505 to discuss face-to-face delivery options and how we can tailor our training to your business needs.
On completing ADA Level 1, you may then enrol into ADA Level 2.
On successful completion of the subject, the market participant will need to apply to ASIC to complete the accreditation process.
Only representatives of an ASX market participant may be accredited on successful completion of ADA1.
There are no exemptions for this subject.
Continuing professional development (CPD) of your knowledge and skills is essential to remaining compliant under ASIC’s Regulatory Guide 146 (RG 146).
Kaplan offers CPD training through Ontrack — our online CPD platform — which delivers monthly multimedia training, along with tracking and reporting capabilities.
Kaplan’s CPD training is recognised and accredited by the FPA, AFA, FBAA and SPAA. To learn more about our RG 146 offerings, visit the CPD page for more information, or contact our CPD support team on 1300 527 526.
Successful completion of the Accredited Derivatives Adviser Level 1 (ADA1) exam may be counted towards CPD. Kaplan suggests allocating six compliance and four structured hours for ADA1. However, licensees should make their own determination as to a relevant and appropriate amount of time.
Assessment for ADA1 is as follows:
Kaplan’s exams are multiple-choice exams, where emphasis is placed on the application of knowledge.
You must attempt your first exam within 12 weeks of your enrolment date.
You are entitled to a first sit and two resits of an exam. To achieve an overall grade of ‘competent’ in the exam, you must achieve the nominated pass mark for each section in the exam. If you are deemed ‘not yet competent’ for a section, you are only required to attempt that section in the resit.
You can sit your exam while being supervised in your workplace or at a Kaplan office.
Click here for Kaplan office exam times and venues.
Individuals who enrol in a Kaplan Professional course are bound by our published policies, including the policy that sets out our rules for assessment. Individuals can review these policies here. The policies also assist individuals when their study program does not go as planned and they need extra support.
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Click here to download a brochure for this course.