The DSI Securities Trader register lists professionals who process orders for options, indexes, equities and futures on behalf of risk-bearing financial organisations. These financial products are highly complicated in nature. The constant innovations and changes in equity and financial markets can make them even more complex.
As a Securities Trader, you must therefore meet certain requirements for professional expertise and skills. A listing in the DSI Securities Trader register shows that the security broker meets the strict requirements stipulated by the sector.
For professionals who execute orders for financial organizations on options, indexes, shares and futures
Applying for certification
A listing in the DSI Securities Trader register indicates that the professional possesses sufficient knowledge and skills pertaining to the purchase and sale of options, indexes, equities and futures. These financial products are often referred to as ‘securities’. The goal is to buy these securities for the lowest possible price, and sell them for the highest possible price. The sale of securities is subject to strict regulations. The regulations serve in part to protect the investor and encourage the sector to work fairly, honestly, transparently and efficiently.
Registered professionals may have one of two statuses: Certified Professional or Candidate Certified Professional. Both must comply with the Code of Conduct drawn up by DSI. The difference is in the level of education or work experience the professional has acquired. A professional can receive the status of candidate certified if they do not meet all of these requirements.
Certified Professionals listed in the DSI Securities Trader register have successfully completed examinations for knowledge and skills. During a 12-month period (fulltime equivalent) over the past five years, they have spent a substantial portion of their time on register-related activities, and have participated in the annual DSI Continuing Professional Education program.
The DSI Securities Trader register lists brokers working in the financial services sector, for example at an investment firm, bank or insurer. The professionals advise the risk-bearing financial organisations about the purchase and sale of securities.
The knowledge that a professional registered in the DSI Securities Trader register must possess has been determined by the DSI advisory committees and the DSI Accreditation Committee. A professional listed in the DSI Securities Trader register has acquired sufficient knowledge in the following areas:
Which conditions does DSI place on admission to the register?
Admission to the register and maintenance of the certification status are subject to a variety of requirements. These requirements vary from admission standards to the obligation of participating in a Continuing Professional Education programme. A list of the various requirements and information about the Continuing Professional Education Programme are provided below.
The DSI General Integrity Program must be successfully completed. This program consists of the following 2 elements:
If you have a CFA level 1 or VBA diploma, you are exempt from the Workshop element. You then only have to do the E-learning module.
If you want to certify yourself for the DSI Securities Trader register, you must have completed one of the following courses:
During a 12-month period (fulltime equivalent) over the past five years, the Certified Professional has spent a substantial portion of his/her time on register-related activities, whether in the current position or in previous positions.
You can find the fees for DSI Certification here.
As a DSI (Candidate) Certified Professional listed in the Securities Trader register, you are required to successfully complete the Continuing Professional Education program each year. You can choose from a variety of education institutions that are accredited to provide the Continuing Professional Education program.
Successful completion of the DSI Continuing Professional Education programme indicates that you have met all of the legal requirements for certification. More information about the Continuing Professional Education programme can be found here.
Please note: You are free to choose your preferred provider. We recommend that you ask your employer if the organisation has made any collective agreements with the education providers.
If you have any questions about the DSI Securities Trader register, and cannot find the answers in the FAQ page, please contact one of our DSI associates. We would be happy to help you! You can contact us by e-mail via email@example.com or by calling 020-6201274.