CME-3A · CISI Securities Level 3

CME-3A – Securities

Practise asset classes, markets, settlement and accounting analysis with explanations in Arabic and English.

Try 10 free questions and see your levelTake a full mock exam

  • 100 questions in 120 min, like the real test
  • 500 questions covering the main scoring topics, with explanations
  • 70% pass mark, with targeted practice on your weak spots

See the gap to your target score Practise the units costing you the most marks A full mock exam like the real one

Every option explained so you understand why

If your exam were today, would you pass?

Try 10 free questions without signing up. Get your score and find your weak areas as soon as you finish.

A client telephones a firm and instructs it to buy 5,000 listed shares. The firm executes the trade on the exchange for the client, never holds the shares in its own inventory, and charges a commission. In what capacity is the firm acting?

  1. A As a market maker
  2. B As a discretionary fund manager
  3. C As an agency broker
  4. D As a custodian

All 10 free questions with answers and an explanation for every option

What you get

  • 500questions in the bankPractise with the answer shown right away, or sit a full timed mock
  • 9unitsSplit by the exam syllabus
  • 18flashcardsTo lock in terms and definitions
  • 49quick review pointsEach unit in a few key lines

Unit map

  1. 01The Financial Services Industry3 questions
  2. 02Asset Classes27 questions
  3. 03Markets2 questions
  4. 04Primary Markets14 questions
  5. 05Secondary Markets15 questions
  6. 06Corporate Actions7 questions
  7. 07Clearing and Settlement8 questions
  8. 08Accounting Analysis14 questions
  9. 09Investment Management10 questions

Exam facts

CME-3A – Securities — Number of questions: 100 questions. Exam time: 120 minutes. Pass mark: 70%. Calculator: No personal calculator; follow the test centre’s available tools. Exam fee: SAR 2,100. Source: Financial Academy (Last verified: 2026-11-04). Question bank: full mock exams of 100 questions in 120 minutes, like the real test with a result for every unit, plus 500 explained questions across 9 units, every option explained, a review of your mistakes, and two ways to practise: see the answer right away, or sit a full timed mock. Free questions: a 10-question diagnostic test covering the main units, no sign-up; at the end we compare your score with the pass mark and show your weakest units.

Exam code
CME-3A · CISI Securities Level 3
Exam language
Arabic or English
Number of questions
100 questions Source
Exam time
120 minutes Source
Pass mark
70% Source
Calculator
No personal calculator; follow the test centre’s available tools. Source
Exam fee
SAR 2,100 Source

Last verified: 2026-11-04

How to register

  1. Create a Financial Academy account and choose CME-3A.
  2. Select Arabic or English and review the appointment and fee before paying.
  3. Complete the QRF qualification registration form before the exam.
  4. Bring valid identification matching your registration name and arrive at least 20 minutes early.

Source

Exam body

Financial Academy: Official website: Financial Academy

Study guides

Frequently asked questions

Is CME-3A the same as CME-3B?

CME-3A covers global technical securities knowledge. CME-3B covers the Saudi regulatory requirements for brokers.

Can I try CME-3A questions for free?

Yes. Free questions: a 10-question diagnostic test covering the main units, no sign-up; at the end we compare your score with the pass mark and show your weakest units. The free practice test page lists the same questions with answers and an explanation for every option. The rest of the questions and the full mock exams come with a pass from SAR 26.

What makes this CME-3A question bank different?

Question bank: full mock exams of 100 questions in 120 minutes, like the real test with a result for every unit, plus 500 explained questions across 9 units, every option explained, a review of your mistakes, and two ways to practise: see the answer right away, or sit a full timed mock. Every question is reviewed and referenced, ready to practise on your phone. Try the free questions and read the explanations before buying full access.

How many questions, how much time and what pass mark?

100 multiple-choice questions in 120 minutes, with a 70% pass mark. CISI may add unscored trial questions with proportionate extra time.

Is this an official site, and how do I pay?

It is an independent site, not part of Qiyas or any government body, and every question is reviewed before it is published. You pay once, with no automatic renewal, through Waffo Pancake (the merchant of record) by Visa, Mastercard, Apple Pay or Google Pay, and your statement shows "WAFFO". If you were charged twice or the pass did not open, email support@saudiexams.com.

Study material sample: The Financial Services Industry

Summary

This chapter covers The Financial Services Industry, weighted at 3 of 100 questions in the CISI specification. Learn the concepts and apply them to short cases with explicit assumptions.

What the exam focuses on

  • Financial firms connect savers with users of capital. Distinguish an individual client from a professional institution rather than relying only on trade size.
  • An investment bank helps issuers raise finance and arrange offerings; a fund manager makes portfolio decisions within a mandate.

Common traps

  • Do not turn common practice in one market into a universal rule; follow the question’s terms and stated jurisdiction.

Try the flashcards

Tap a card to see the answer

Which key relationship should you explain?

Financial firms connect savers with users of capital. Distinguish an individual client from a professional institution rather than relying only on trade size.

How should you distinguish this applied concept?

Pension and insurance liabilities shape liquidity needs and investment horizons; a long horizon does not remove those obligations.

Why you can trust these questions

  • Published questions: 500. We reviewed every one before publishing it: the answer, the explanation of each option and the source.
  • Exam facts last checked against the organiser’s website: 2026-11-04. We check them again every three months and two weeks before each test.
  • Found a mistake? Tap "Report an error" under any question in the practice area, or email us at support@saudiexams.com
  • Independent website. Not affiliated with ETEC (Qiyas), the Financial Academy or any government body.

How we write and review content