SOFQ - ICMA - Securities Operations Foundation Qualification (SOFQ)
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Last Update: March 17, 2025
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Exam Question Provider: ICMA
Certification Exam Name: Securities Operations Foundation
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- Introduction
- Designed for Busy Professionals
- Understanding the Securities Operations Foundation Qualification (SOFQ) Exam Format
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- Pass Your Securities Operations Foundation Qualification (SOFQ) Exam with Confidence
Earning the prestigious Securities Operations Foundation Qualification (SOFQ) certification from ICMA significantly boosts your marketability and opens doors to exciting opportunities. Achieving this recognized credential expands your career options and increases your earning potential. ExamPrince practice tests provide the most efficient way to prepare for and pass your Securities Operations Foundation Qualification (SOFQ) exam on the first try.
To earn the Securities Operations Foundation Qualification (SOFQ) certification, you'll need to pass the relevant exam offered by ICMA.
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Understanding the Securities Operations Foundation Qualification (SOFQ) Exam Format
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Securities Operations Foundation Qualification (SOFQ) FAQ's
Introduction of ICMA SOFQ Exam!
The ICMA SOFQ Exam is an entry-level qualification aimed at individuals who are new to the securities operations industry. It provides a comprehensive overview of the processes and functions involved in securities operations.
What is the Duration of ICMA SOFQ Exam?
The ICMA Securities Operations Foundation Qualification (SOFQ) is designed to provide foundational knowledge of the securities operations industry. It covers the lifecycle of a trade, the roles of various market participants, and the key concepts of securities operations.
What are the Number of Questions Asked in ICMA SOFQ Exam?
The ICMA SOFQ Exam typically consists of 75 multiple-choice questions.
What is the Passing Score for ICMA SOFQ Exam?
The passing score for the ICMA SOFQ Exam is 70%.
What is the Competency Level required for ICMA SOFQ Exam?
The competency level required for the ICMA SOFQ Exam is foundational, suitable for individuals who are new to the securities operations industry.
What is the Question Format of ICMA SOFQ Exam?
The question format of the ICMA SOFQ Exam is multiple-choice.
How Can You Take ICMA SOFQ Exam?
The ICMA SOFQ Exam can be taken online via remote proctoring or at designated test centers.
What Language ICMA SOFQ Exam is Offered?
The ICMA SOFQ Exam is offered in English.
What is the Cost of ICMA SOFQ Exam?
The cost of the ICMA SOFQ Exam is approximately GBP 450.
What is the Target Audience of ICMA SOFQ Exam?
The target audience for the ICMA SOFQ Exam includes new entrants to the securities operations industry, operations staff, and professionals who are looking to gain a foundational understanding of securities operations.
What is the Average Salary of ICMA SOFQ Certified in the Market?
The average salary of an individual with ICMA SOFQ certification can vary widely depending on the region and the specific role, but it generally ranges from $50,000 to $70,000 per year.
Who are the Testing Providers of ICMA SOFQ Exam?
The ICMA SOFQ Exam is administered by the International Capital Market Association (ICMA) and can be taken through their designated testing providers.
What is the Recommended Experience for ICMA SOFQ Exam?
The recommended experience for the ICMA SOFQ Exam is not specified, but it is designed for individuals who are new to the securities operations industry.
What are the Prerequisites of ICMA SOFQ Exam?
There are no formal prerequisites for the ICMA SOFQ Exam, making it accessible to individuals at the start of their careers in securities operations.
What is the Expected Retirement Date of ICMA SOFQ Exam?
The expected retirement date of the ICMA SOFQ Exam is not specified, as it is an ongoing qualification.
What is the Difficulty Level of ICMA SOFQ Exam?
The ICMA SOFQ Exam is part of a broader educational roadmap that includes more advanced qualifications such as the ICMA Operations Certificate Programme (OCP) and the ICMA Fixed Income Certificate (FIC).
What is the Roadmap / Track of ICMA SOFQ Exam?
The ICMA SOFQ Exam covers topics including the lifecycle of a trade, the roles of various market participants, trade clearing and settlement, and key concepts in securities operations.
What are the Topics ICMA SOFQ Exam Covers?
Sample questions for the ICMA SOFQ Exam can be found on the ICMA website or through their official study materials.
What are the Sample Questions of ICMA SOFQ Exam?
The difficulty level of the ICMA SOFQ Exam is considered to be entry-level, suitable for individuals who are new to the securities operations industry.