Rules, Ethics & Skills for Derivatives Exchange Dealers. Sit a free CMFAS RES 2A mock exam: 20 questions in 30 minutes, marked against the 75% pass mark, with a worked answer for every question. No card needed.
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IBF sets and can change the official format. Always confirm the current CMFAS RES 2A details before you register.
1,200+ verified questions across 10 syllabus topics — every one with a worked explanation:
One note per topic: the must-know facts, the rules in plain English and the traps that cost marks. The opening of every note is free.
CMFAS RES 2A (Rules, Ethics and Skills for Derivatives Exchange Dealers) is the IBF licensing module for derivatives dealers and trading representatives at SGX-DT trading members — licensing, market conduct, the SGX derivatives trading system and SGX-DC clearing, ethics, derivatives dealing practices and the prevention of financial crimes. It is an MAS-regulated CMFAS module examination.
IBF sets CMFAS RES 2A as 100 multiple-choice questions over 2 hours 30 min, with a pass mark of at least 75%. Confirm the current format on the official IBF page before you register.
CMFASPrep has 1,200+ verified, exam-style CMFAS RES 2A practice questions across every syllabus topic, each with a worked explanation — plus full-length timed mock exams. Start free, no card needed.
Practise by topic to build coverage, then sit full timed mock exams until you score above the 75% pass mark consistently. Read the worked answer on every question you miss.
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