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Best Execution for Investment Representatives


Lesson 1:Marketplaces and Order Routing

  • List the factors that differentiate the various marketplaces in Canada.
  • Describe the order routing process.

Lesson 2: Fair andOrderly Trading

  • Describe the various trading halts, suspensions, and circuit breakers available to market participants.

Lesson 3: Short SaleTransactions

  • Explain short sale transactions.
  • Describe why the downtick rule was repealed and IIROC’s approach to naked short selling.

Lesson 4: Order Strategiesand Best Execution

  • List and explain the various order strategies.
  • Describe the best execution obligation and how it extends to over-the-counter (“OTC”) securities.
Approximate Hours of Study
Hours of Study 5 hours
Number of Quizzes 1
Quiz Format Online
Question Format Multiple Choice
Questions Per Quiz 20 questions
Passing Grade 60%*
Attempts Allowed Per Quiz Unlimited
Enrolment Period 6 months

* IMPORTANT: There is no maximum to the number of quiz attempts permitted, but only the first passing grade (60% or over) will appear on official web transcript.

Continuing Education (CE) Credits

Click the links below or the buttons at the top of the page on the right side to access CE accreditation information. To search for specific course information, press Ctrl + F and then enter the course name to search the document for the information you are interested in.

National/Provincial (Excluding Quebec)
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Quebec (IQPF/CSF)
Download IQPF/CSF Chart (PDF, 182 kb)

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