Foran Derivatives Fundamentals and Options Licensing

Foran Derivatives Fundamentals and Options Licensing Seminar

Foran Course Code: DFOL

The Foran 5-day DFOL Examination Preparation Seminar covers material in the CSI Derivatives Fundamentals and Options Licensing (DFOL) course to help students prepare to write the DFOL exam. The seminar would appeal to individuals in the securities industry who are working towards being registered to sell options and/or futures. It would also appeal to individuals who are interested in learning about how to use derivatives in managing their investment portfolio.

DFOL Content Covered:

The first three days of this five-day seminar begins with an overview of derivatives and then covers in detail the use of options, futures ,forward agreements and swaps. The seminar covers: derivatives terminology; derivatives strategies and tactics; futures and forward contracts; exchange traded and OTC options ; interest rates swaps; how investment funds and structured products use derivatives; and the underlying risks for both the investor and the trading organization when dealing with derivatives, The first three days of the Foran seminar would be of interest to students who are either : enrolled in the CSI Derivatives Fundamentals Course (DFC) only; or enrolled in the combined CSI DFOL Course.

The final two days of the Foran 5-day DFOL support seminar covers options topics including: determining client suitability for options trading; option strategies based on market outlook and the client’s risk tolerance; opening and maintaining retail options accounts; executing options orders on exchanges; settlement of options transactions; the process of exercising options and assignment procedures; Canadian tax implications for options trading; opening and maintaining institutional options accounts; the role of clearing corporations and exchange in listed options trading; contract adjustments on options contracts for stock splits, stocks dividends and cash dividends; and special considerations and risks with non-equity options (eg. index options).

SEMINAR INFORMATION

Location: Classes are based on demand and will be held at WaterPark Place, 11th Floor, 20 Bay Street, Toronto.

Demand Basis: The Foran DFOL seminar is offered on a demand basis, Please notify our staff if you are interested in attending a DFOL seminar for yourself, or setting up a seminar for your company.

Lectures: 8:30 am – 6:30 pm

Total Hours of Instruction: 45 hours

Tuition: $1500 + Tax for seminars open to the public.

If you are interested in a Foran DFOL corporate seminar, please check with the staff at Foran Financial Institute for corporate rates, and instructor availability.

Continuing Education Credits: 45

Note on Foran Continuing Education (CE) Credits: Foran Financial Institute issues CE Credits for all of its licensing seminars. However, it is at the discretion of your compliance department whether Foran CE Credits qualify for CE Credit requirements.

Foran Financial Institute is an independent supplier of educational services. Its exam preparation courses are not sponsored by any industry organizations.

For more information call Foran Financial Institute at :(416) 947-1922, (Toronto), or for outside the GTA call toll free at 1-800-565-0374.

Important Note: Based on CIRO changes, as at January 1, 2026, the CSI “DFOL Course” will no longer be available.

• You must register for the DFOL course with the CSI by December 31, 2025; which allows you to write the DFOL exam
  up until the end of 2026.
• Foran will be providing additional DFOL support seminars in 2026, on a demand basis.

Please contact Foran Financial Institute if you require more information.