Providing and advising on retail OTC derivatives

What are retail OTC derivatives?

Retail over-the-counter (OTC) derivatives are financial instruments whose value is derived from an underlying asset, such as foreign exchange, shares, indices, commodities or interest rates. These products – including margin FX and contracts for difference (CFDs) – are typically traded directly between counterparties rather than on an exchange.

While retail OTC derivatives can provide opportunities to profit from short-term price movements, they are complex, highly leveraged and carry significant risks. Regulators, including ASIC, have increased their focus on improving consumer outcomes and strengthening oversight of these products in recent years.

About our online course

Our Providing and advising on retail OTC derivatives course explores how these products work, the risks involved, and the regulatory environment shaping their distribution and advice in Australia.

You will gain practical insights into the structure of the retail OTC derivatives market, current industry trends, and the obligations that apply to issuers, platforms and advisers when dealing with retail clients.

Program Content

  • Retail OTC derivatives fundamentals - instruments, providers and market structure
  • Uses, risks and trading considerations, including foreign exchange and CFDs
  • ASIC regulatory framework, including key regulatory guides and obligations
  • Product intervention powers, enforcement trends and recent regulatory developments

Learning Outcomes

  • Identify the key instruments, providers and participants in the retail OTC derivatives sector
  • Explain the uses, risks and market dynamics of retail OTC derivatives trading
  • Outline the core legal and regulatory requirements governing these products in Australia
  • Evaluate how ASIC uses regulatory tools, guidance and enforcement to influence market conduct

What you will learn

Who is this course for?

  • Financial advisers and representatives
  • Compliance and risk professionals
  • Derivatives and trading specialists
  • Senior managers and responsible managers

Units of Competency

Pre-requisite

Recognition of Prior Learning

Certification

You will be awarded a Certificate of Completion. It will be available online for you to download and print immediately.

ASIC-supervised licensees: RG146 Derivatives
FAS-Supervised licensees (self-report): Technical competence

Explore our Financial Services CPD

Our short course topics are also included in our annual subscription Financial Services CPD library.

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Frequently Asked Questions

Our CPD short courses are self-paced with online learning resources & on-going support.
  • You have up to 8 weeks to complete the learning and assessment requirements for your CPD short course.
  • Experienced professionals can complete in less time.

Our CPD short courses are assessed by a short open book multiple-choice exam.

To get started, either
  • Purchase your course online. (If checking out for your team, you can add multiple courses to the cart.) OR
  • Contact Us to arrange an invoice
Please note: Online orders may take up to 1 business day to be processed and for you to receive your course login details.  

To get started, either:
  • Purchase course/s online. (You can add multiple courses to the cart.) Please note: Online orders may take up to 1 business day to be processed and for your team to receive their course login details.
OR
Contact us for your Corporate Solution.
What is RG206?2023-04-21T07:53:53+10:00

Regulatory Guide 206 Credit licensing: Competence and training (RG 206)

Credit licensees must comply with the organisational competence obligation in s47(1)(f) of the National Consumer Credit protection Act 2009 (National Credit Act). Regulatory Guide 206 Credit licensing: Competence and training (RG 206) sets out the minimum expectations for demonstrating organisational competence.

What you need to do to comply will depend on the nature, scale and complexity of your business. However, Regulatory Guide 206 Credit licensing: Competence and training (RG 206) sets out our minimum expectations for demonstrating organisational competence.

You must also ensure that your representatives are adequately trained and competent to engage in the credit activities authorised by your licence: s47(1)(g).

ASIC generally expects you to determine what is appropriate initial and ongoing training for your representatives and to embed this in your recruitment and training systems.

Updated annually, our CPD is designed to enable Responsible Managers and Representatives of Australian Credit Licensees to meet their mandatory RG206 continuing training requirement. Our CPD that is structured, properly assessed and recorded.

Financial Education Professionals acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past, present and emerging.