Browse NFA Futures and Forex Exam Guides: Series 3, 30, 31, 32 & 34

Series 3 Margin, Settlement, Orders, and Price Analysis Guide

Study Series 3 margin requirements, daily settlement, options premiums, price limits, order types, delivery, EFPs, and price analysis.

This Series 3 chapter covers Part 1B of the market-knowledge outline: margin, daily settlement, options premium, price limits, offsets, delivery, order behavior, electronic execution, and price analysis. Treat it as the operating layer between basic futures vocabulary and the later hedge, spread, and options strategy material.

The strongest candidates separate performance-bond margin from option premium, understand daily mark-to-market cash flows, know how order types behave under fast or locked markets, and connect price analysis to the market being traded.

Exact Series 3 section lessons

These section lessons follow the Series 3 curriculum for this part. Use them before the older overview pages when you want full tested-section coverage.

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Revised on Friday, May 29, 2026