Update

Training and Education

	FOA Compliance in Derivatives Course - Spring 2003

This is a six-day course for the Compliance professional run by the FOA. The next course will be starting in January 2003 and we are now in the process of revising and updating the existing syllabus to:

(a) reflect the current regulatory environment with emphasis on UK regulation and compliance practice post-N2
(b) provide a better focus on European regulatory directives and standards

The course combines formal tuition with case studies, home study, assignments and presentations from exchanges, regulators and compliance officers. The assessment consists of course work, tests and an interview.

For confirmation, the course will continue to be run by Patrick Thompson, a highly-regarded trainer in this field who has been successfully delivering this course since its inception.

Anyone interested in reserving a place or finding out more about the course should email the Training and Education Department or call +44 (0)20 7426 7262.

	BPP Hyperion - Courses

BPP Hyperion Training are now offering courses towards all 11 IAQ(tm)
technical modules, for exams to be taken from September 2002 onwards. This
is in addition to their now weekly training courses towards the two core
modules: Introduction to Securities & Investment and FSA Regulatory
Environment. For more information, visit www.hyperion-training.com/html/courses/eb_iaq_exam_entry.html, call 020
7786 5900 or email bpphyperion@bpp.com

	Train2Trade

For those FOA members that would like to allow their trainee traders to take trading positions using real-time market prices but without the financial risk, Train2Trade is offering FOA members up to 20% discount on licenses for their unique on-line training software and the hire of their dedicated training facilities in the City. The discounts available for FOA members are as follows:

• Train2Trade’s Online Trading Tool - a 20% discount for the first 5 licences sold (£1,200 per quarter per licence vs normal cost of £1,500) and a 10% discount thereafter (£1,350 per quarter per licence).
  
  
• Hire of dedicated training facility at 78 Cannon St. - the entire trading room facility (max.12 delegates) is available for the FOA's members to hire for a minimum of 1 day. The daily rate is £2,000 (which includes all trading and charting software licences etc) - or alternatively, the weekly rate is £5,000. Train2Trade will offer a 20% discount on all rates to FOA members if they book the facility before end of September and 10% thereafter. The cost of a tutor is extra.

For further details regarding the trader training courses run by Train2Trade see www.train2trade.co.uk. Alternatively contact Dan Saunders at Train2Trade on +44 (0)20 7626 6070 or at dan@train2trade.co.uk.