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Frequently Asked Questions

Q1. What is ACI?

A1. ACI is a leading, worldwide association of wholesale financial market professionals, contributing to market development and market practice. This is done though superior education programs and a compilation the most universally accepted set of market standards, The Model Code.

Now known as ACI The Financial Markets Association it was originally called Association Cambiste Internationale, our members are professionals who work in all financial fields; Foreign Exchange, Interest Rate Products and other Securities, Banknotes & Bullions, Precious metals and Commodities and their various kinds of Derivatives.

The association counts some 13,000 international members from more than 60 countries. It was founded in Paris in 1955 and has a long and esteemed history in the International Financial Markets.

Q3. How do I join ACI?

A3. Log on to http://www.aciforex.org and look at your area under “National Associations” – Contact information is available in the 60 countries listed.

Q4. Why is the United States not listed as a member?

A4. While a project is underway to restart the association, the US is not currently a full member. You are welcome to contact Canada at email: fmac@fmac.ca
Web : www.fmac.ca

Q5. What can ACI do for me?

A5. A. Education:
ACI’s strength is our education programs.
There are three certificate programs targeting junior and senior dealers as well as operations professionals and a full diploma program.
These certification programs are considered to be the best in their field and are recognized by central banks worldwide as the most comprehensive program for financial market professionals. Material is self study and training is available either on the web or classroom style in a number of locations.

The ACI Dealing Certificate is an introduction to Foreign Exchange & Money Markets as well as Code of Conduct, Market Practices and the basics of derivatives. Around 50 hours of study will be required to write the exam.
For information on the ACI Dealing Certificate: http://aci.w3line.net/gb/aci-dealing-certificate-37.cfm

The ACI Operations Certificate deals with settlements and processing and is essential for any operations position to really understand their product line and the importance of their process. We estimate that 40 hours of study is average to competently write this exam.
For information on the ACI Operations Certificate: http://aci.w3line.net/gb/aci-operations-certificate-38.cfm

The ACI Diploma provides a comprehensive training program to ensure that candidates acquire a superior theoretical and practical knowledge of the foreign exchange and money markets, their related instruments, and the linkages that exist between those markets and the practice of risk management. Material for the diploma is very thorough and we estimate you will need 120 hours to study adequately before taking the exam.
For information onthe ACI Diploma: http://aci.w3line.net/gb/aci-diploma-39.cfm

Exams are administered locally by our provider company, Prometric that arranges for exams to be written in each ACI member area. Results are provided immediately and you will receive detailed feedback on your scores in each of the topic areas.
Information on how to register: http://aci.w3line.net/gb/how-to-register-62.cfm

For more detailed information on our Education http://aci.w3line.net/gb/suite-and-benefits-of-aci-examinations-31.cfm or contact
education@aciforex.org

B. Networking:
In this age of electronic trading, networking and talking with your colleagues in similar markets is even more important. ACI local associations’ events and congresses are ideal for meeting your international colleagues, to share ideas and make contacts. For a list of current local networking events, please see your local ACI listed under National Associations.

C. Why do I hear so much about The Model Code?
The Model Code is the core of ACI – market ethics and market practices. Since not all of our financial markets are government regulated, it is essential that we are self-policing. The Model Code provides standards and best practices for the international dealing community.
The Model Code has been adopted by many central banks as the prevailing standard.
You can find the code at http://aci.w3line.net/gb/model-code-66.cfm
In English, German, Italian, Russian and Chinese.

D. Who composes the Executive Board?
The Board is a group of experienced traders and salespeople from international banks.
Currently there are 6 Board Members, a Managing Director and Deputy Manager. You can find complete details of
http://aci.w3line.net/gb/executive-board-82.cfm

E. What are the Committees of ACI?
The Board of Education is responsible for the ACI education programme and the certification of the candidates.
The Committee for Professionalism is responsible for The Model Code and acts as impartial arbitrator in cases of disagreements in the wholesale markets and is keeper of market standards for market professionals.
For more information on who chairs each committee see
http://aci.w3line.net/gb/standing-committees-83.cfm

Q6. I am not a member, can I attend congresses?

A6. In most cases, you do not need to be a member. There can be a slight premium for congress costs if you are not a member of the association.

Q8. If I have a problem that I believe ACI can assist in, how do I submit my issue?

A8. http://aci.w3line.net/gb/contact-index.cfm
and we will get back to you within 5 business days

Q9. Where can I find ACI’s past work?

A9. You can find numerous articles at
http://aci.w3line.net/gb/publications-96.cfm

Q10. Head Office

A10. ACI - 8, Rue du Mail, F-75002, PARIS, France
Tel : + 33 1 42 97 51 15
Fax : + 33 1 42 97 51 16
Email : secretariat@aciforex.org

What's new

ACI UPDATE February 2012 — Wed, 22 Feb 2012

51st ACI World Congress - DUBAI (22-24th/25th March 2012) -
Exploring Financial Opportunities
Parallel to ACI's Council and Working Group meetings the ICA Council (Interarab Cambist Association) decided to hold its semi annual Councill meeting at the ACI Dubai Congress. Abdullah Al Ahmadi, President ICA, Manfred Wiebogen, President ACI, Amr el-Ganainy, Regional Representative Middle East and Mohammed Al Hashemi, President UAE FMA - the host of the event - do expect a good participation from delegates of the entire region and the other continents.
The congress will be held under the patronage of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and Industry. UAE Central Bank Governor, His Excellency Sultan bin Nasser Al Suwaidi, will open the congress whilst the DIFC Governor, His Excellency Abdullah Mohammed Saleh and Mr. Abdulla Mohammed Al Awar, DIFC CEO, will be amongst honorable guests.
Ottmar Issing, one of the most influential European central bankers over the past 10 years, being a member of the executive boards of the Bundesbank (German Central Bank) and the European Central Bank will take over as key note speaker. Many high calibre market experts will address the delegates.
Don't miss this 2012 ACI International NETWORKING and UPDATING EVENT !!!
Learn more about the event/registry still open: http://www.acidubai2012.com/
or via the ACI office Paris
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18th ASSIOM FOREX Congress - Parma, 24-25 February 2012 — Sat, 18 Feb 2012

ACI The Financial Markets Association Events More than 1300 delegates attended ASSIOM fOREX Congress; Governor VISCO delivered a speech on Italian and European Financial situation.
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New bank holiday for Diamond Jubilee 2012 — Fri, 10 Feb 2012

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ACIFXC Meeting London — Thu, 02 Feb 2012

ACI The Financial Markets Association Events The working group mets in Dexia's premises and studies the implications on new regulations impacts in both side of Atlantic on markets specialy in FX
At the end of the day they join UK Square Mile Debate 2012 "My Flow, Your Rules, The Buy Side Bites Back"
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