Module 2A (M2A) - Rules & Regulations for Trading in Futures (SGX-DT Members)

The M2A Examination is applicable for all persons who wish to deal in futures products for a principal company that is a member of Singapore Exchange - Derivatives Trading Limited.

Please refer to the MAS Notice SFA 04-N09​ for more information. Candidates are also advised to check with their compliance department for their applicable CMFAS exam modules.

  • Exam Syllabus
  • Exam Format
  • Exam Fees
  • Exemptions
  • - The Capital Markets Industry in Singapore and Participants in the Capital Markets
  • - Licensing and Business Operations
  • - Market Conduct
  • - The Trading System and Infrastructure
  • - Prevention of Financial Crimes
  • Format: 100 MCQs (computer-based)
  • Duration: 2 hours
  • Pass mark: 75%


Candidates will receive their results immediately upon completion.

  Fees before GST
  1st Attempt Subsequent Attempt
Corporate Members $180 $160
Non-Members $200 $180

There are no exemptions for M2A because it is a Rules & Regulations examination.

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