Accredited Derivatives Adviser Level 2 (ADA2)

The Stockbrokers And Financial Advisers Association of Australia offers Accredited Derivatives Adviser Level 1 (ADA1) and Accredited Derivatives Adviser Level 2 (ADA2) accreditations.

Learning outcomes

Accredited Derivatives Adviser Level 2 (ADA2) complies with the requirement set out in Part 2.4 of the ASIC Market Integrity Rules (ASX Markets) 2010 for the accreditation of advisers who advise on derivatives traded on the Australian Securities Exchange.

Advisers accredited at ADA2 level are allowed to advise on:

  • Writing options (other than for the purposes of closing out a taken position, or writing covered calls)
  • Taking or writing LEPOs.

Who should complete the accreditation?

The accreditation is developed for individuals who are financial advisers and who have completed ADA1.

Is there any assumed pre-requisite knowledge?

Attendees must successfully complete ADA1 before enrolling in ADA2.

Note: Candidates may complete ADA1 and ADA2 at the same time. However, they must complete ADA1 successfully before enrolling in ADA2 separately. Candidates have twelve (12) months to complete ADA1 and ADA2 when enrolling at the same time (not three (3) months as per single accreditation enrolments)

Assessment details

1 x Online Exam (Closed Book, 50 questions, 2hrs + 15 min reading time, 80% pass mark)

Suggested study hours

Allow up to 150 hours

Will participants receive any CPD points for completing the accreditation?

Yes, candidates who successfully complete the accreditation receive CPD for twenty (20) hours (Generic, Securities and/or Derivatives, and includes up to 8 hours of Compliance CPD).

Enrolment fees

$320 Individual Member
$330 Organisation Member
$340 Non‐Member

Accredited Derivatives Adviser Level 1 & 2 (ADA1 & ADA2):

$690 Individual Member
$710 Organisation Member
$730 Non‐Member

ADA Level 2

Non-Member: $340.00
Organisation Member: $330.00
Practitioner Member: $320.00

Enrol

ADA Level 2 Resit

Non-Member: $250.00
Organisation Member: $250.00
Practitioner Member: $250.00

Enrol

Download Enrolment Form (pdf)

Supervisor Guidelines

Online Terms and Conditions