Coming Soon!   Building on the knowledge from Give Up Essentials, this course examines problems that can arise during give-up trade processing, identifies where they occur and explores how the problems can be resolved.

This training content focuses on a particular area of back-office operations. The course consists of seven modules including knowledge checks, three complex process branching scenarios with gamification, and a 25-question assessment. The branching scenarios allow learners to practice real-world decision-making skills which can minimize the likelihood of processing errors in the real-world.

Give Up Essentials 2 is a required Level 2 course for candidates seeking to earn a Give-Up Professional micro-credential. Please note that Give Up Essentials is a prerequisite to take this course.

eLearning Outcomes

• Able to explain the financial, risk and reporting ramifications of errors and omissions introduced during the setting up and processing of give ups. 
• Describe in detail the impact trade flow interruptions have on customers, executing brokers and clearing brokers,
• Identify conditions more likely to introduce errors during a trade flow vs when such errors are typically detected,
• Explain how events outside of the trade flow can prevent trades from processing on Trade Date
• Demonstrate technical competencies in give-up trade processes specifically related to troubleshooting issues when they arise

Who Should Take This Course?

• Employees at executing brokers, clearing brokers, introducing brokers, exchanges, and clearinghouses.
• Customers such as commercial hedgers, institutional investors, commodity pool operators, commodity trading advisors, hedge funds, proprietary traders and retail traders that place their futures and options orders through an executing broker(s) and choose a different clearing broker(s) to clear their trades.
• Employees at organizations that support trading, clearing and settlement functions or market regulators who need a better understanding of give ups, allocation and clearing processes.

Training Duration: Approximately 60-75 minutes. Course completion is earned by passing the assessment at the end of the course with a score of 80% or higher. 

Get Started

Qualify for a Discount?  FIA Member firms and their employees are eligible for discounts on courses. FIA members include more than 300 financial services firms as well as fund managers, commercial hedgers, global exchanges, technology vendors, and legal and other professional services providers.