Securities Operations Foundation Qualification (SOFQ)
Last Update September 18, 2024
Total Questions : 50
Our Securities Operations Foundation SOFQ exam questions and answers cover all the topics of the latest Securities Operations Foundation Qualification (SOFQ) exam, See the topics listed below. We also provide ICMA SOFQ exam dumps with accurate exam content to help you prepare for the exam quickly and easily. Additionally, we offer a range of ICMA SOFQ resources to help you understand the topics covered in the exam, such as Securities Operations Foundation video tutorials, SOFQ study guides, and SOFQ practice exams. With these resources, you can develop a better understanding of the topics covered in the exam and be better prepared for success.
| Exam Name | Securities Operations Foundation Qualification (SOFQ) |
| Exam Code | SOFQ |
| Actual Exam Duration | The ICMA SOFQ exam is a two-hour exam. |
| Expected no. of Questions in Actual Exam | 50 |
| What exam is all about | The ICMA SOFQ (Securities Operations Foundation Qualification) is an exam designed to assess a candidate's knowledge of the securities operations industry. The exam covers topics such as securities regulations, market structure, settlement processes, and risk management. The exam is administered by the International Capital Market Association (ICMA). |
| Passing Score required | The passing score required in the ICMA SOFQ exam is 70%. |
| Competency Level required | The ICMA SOFQ exam is designed to assess the knowledge and skills of candidates who have a minimum of two years of experience in the securities industry. Candidates should have a thorough understanding of the securities industry, including the regulatory environment, financial markets, and investment products. |
| Questions Format | The ICMA SOFQ exam consists of multiple-choice questions. |
| Delivery of Exam | The ICMA SOFQ exam is offered in two formats: online and paper-based. The online version is administered through the ICMA Learning System, while the paper-based version is administered at a designated testing center. |
| Language offered | The ICMA SOFQ Exam is offered in English. |
| Cost of exam | The cost of the ICMA SOFQ exam is $125. |
| Target Audience | The target audience for the ICMA SOFQ exam is financial professionals who are seeking to become certified in the field of securities operations. This includes those who work in the banking, securities, and investment industries. The exam is designed to test the knowledge and skills of those who are seeking to become certified in the field of securities operations. |
| Average Salary in Market | The average salary for someone with an ICMA SOFQ certification varies depending on the individual's experience, job title, and location. Generally, salaries range from $50,000 to $100,000 per year. |
| Testing Provider | The ICMA SOFQ exam is administered by the Investment Company Institute (ICI). The ICI is the leading association of regulated funds and their service providers. The ICI provides the exam to individuals who wish to become a Series 65 or 66 registered representative. |
| Recommended Experience | The ICMA recommends that candidates have at least two years of professional experience in the securities industry before taking the SOFQ exam. Candidates should also have a thorough understanding of the topics covered on the exam, including securities regulations, investment products, and financial markets. |
| Prerequisite | The ICMA SOFQ exam requires that candidates have a minimum of two years of experience in the securities industry. Candidates must also have a bachelor's degree or higher from an accredited college or university. |
| Retirement (If Applicable) | The ICMA SOFQ exam is offered on a continuous basis, so there is no set retirement date. |
| Certification Track (RoadMap): | The ICMA SOFQ exam is a certification track and roadmap designed to help financial professionals demonstrate their knowledge and expertise in the field of securities operations. The exam covers topics such as securities operations, risk management, compliance, and technology. It is designed to assess the knowledge and skills of financial professionals in the securities operations field. The exam is offered by the Institute of Certified Management Accountants (ICMA) and is administered by Prometric. |
| Official Information | https://www.icmagroup.org/executive-education/courses/securities-operations-foundation-qualification-sofq-3/ |
| Take Self-Assessment | Use ICMA SOFQ Practice Test to Assess your preparation - Save Time and Reduce Chances of Failure |
| Section | Weight | Objectives |
|---|---|---|
| An Introduction to International Securities |
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| The Pre-trade environment |
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| Trade Execution and Immediate Post-trade |
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| Trade Clearing and Settlement |
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| Position Management |
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| Regulatory reporting |
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| Asset Servicing |
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TESTED 19 Sep 2024
