Foran Derivatives Fundamentals and Options Licensing Seminar

Foran Course Code: DFOL Register Online

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.

  • Ron explains concepts clearly - he always goes above and beyond. He teaches concepts so you understand! February 2019

    Curley Callan Scotia Wealth
  • Ron said he would break down the information and build our knowledge back up in easy to understand ‘blocks.’ That is exactly what happened! And it all flowed one block on the next extremely well. Thank you! December 2017

    John Ridd BMO Nesbitt Burns
  • Very Thorough and very knowledgeable. June 2014

    Rochelle Wilson CIBC Wood Gundy
  • Thorough. Ron is awesome and explains the material in amanner that is clear and concise. Liked the practical application of material through quiz questions along the June 2014

    Maria Mantzois TD Wealth
  • Very informative; takes material and presents it in clear, easy to understand terms. (Trainer) very helpful, took the time to answer questions; used real life examples. DFOL class, January 2013

    Maryann Delfin Compliance Officer, CFI
  • Great explanations of complex concepts – these will save a lot of time on the exam. Ron knows (the) material very well – is able to provide shortcuts that will help on (the) exam. April 2013

    Richard Belding CI Investments