Book 3: Financial Markets and Products
SchweserNotes
™
2024
FRM Part I
SCHWESERNOTES
TM
2024 FRM
®
PART I BOOK 3: FINANCIAL MARKETS AND PRODUCTS
©2024 Kaplan, Inc. All rights reserved.
Published in 2024 by Kaplan, Inc.
ISBN: 978-1-0788-4243-3
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CONTENTS
Readings and Learning Objectives
STUDY SESSION 8—Financial Institutions, Markets, and Central Clearing
READING27
Banks
Exam Focus
Module 27.1: Banks
Key Concepts
Answer Key for Module Quizzes
READING28
Insurance Companies and Pension Plans
Exam Focus
Module 28.1: Insurance Companies and Pension Plans
Key Concepts
Answer Key for Module Quizzes
READING29
Fund Management
Exam Focus
Module 29.1: Mutual Funds and Exchange-Traded Funds
Module 29.2: Hedge Funds
Key Concepts
Answer Key for Module Quizzes
READING30
Introduction to Derivatives
Exam Focus
Module 30.1: Derivatives Markets and Securities
Module 30.2: Derivatives Traders
Key Concepts
Answer Key for Module Quizzes
READING31
Exchanges and OTC Markets
Exam Focus
Module 31.1: Exchange-Traded Derivatives
Module 31.2: Over-the-Counter Derivatives
Key Concepts