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CSI CSC1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Regulation and Ethics | 8% | - Industry regulations and compliance - Code of conduct and ethical standards - Client suitability and disclosure |
| Topic 2: Derivatives | 10% | - Uses, risks and basic strategies - Options, futures and forwards |
| Topic 3: The Canadian Investment Marketplace | 16% | - Structure of Canadian financial system - Market participants and roles - Regulators and self-regulatory organizations |
| Topic 4: Financing and Listing Securities | 7% | - Primary market and issuance process - Listing requirements and rules |
| Topic 5: The Economy | 13% | - Impact of economic factors on investments - Monetary and fiscal policy - Macroeconomic principles and indicators |
| Topic 6: Common and Preferred Shares | 13% | - Valuation and classification - Equity features and rights - Dividends and corporate actions |
| Topic 7: Pricing and Trading of Fixed-Income Securities | 11% | - Price-yield relationship - Valuation and pricing methods - Trading and settlement processes |
| Topic 8: Features and Types of Fixed-Income Securities | 12% | - Government and corporate bonds - Types of fixed-income instruments - Characteristics, risks and benefits |
| Topic 9: Equity Transactions | 10% | - Order types and execution - Trading mechanics and regulations - Margin and short selling |
CSI Canadian Securities Course Exam 1 Sample Questions:
1. When acting as a principal, how do investment dealers generate revenue?
A) Through brokerage changes.
B) Through spreads on buy/sell prices.
C) Through commissions
D) Thrown tracers.
2. Haw are retail stock and bond transactions settledon a daily basis amongdealers?
A) The exchange is responsible for settling all transactions according to each exchange's book of record.
B) The clearing corporation is responsible for settling all transactions according to each dealer's book of record.
C) The clearing corporation is responsible for setting an transactions according to each exchange's book of record.
D) The exchange is responsible for settling ad transactions according to each dealer's book of record.
3. What type of unemployment is caused by normal labour turnover such as completing school or changing employment?
A) Cyclical
B) Structural
C) Natural
D) Frictional
4. What is unique to responsible investment?
A) It bases investment decisions exclusively on environmental factors.
B) ESG factors are standardized across the investment no industry.
C) A combination of a values and valuation-based approach to investing
D) It is unavailable with certain asset classes like segregated fundi
5. Under which circumstance is an option considered to be in-the-money?
A) When a put option with the price of the underlying asset is higher than the strike price.
B) When a put option with the price of the underlying asset is higher than the strike price.
C) When a call option with the price of the underlying asset is lower than the strike price.
D) When a put option with the price of the underlying asset is higher than the strike price.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: D |
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