ATHEX ACADEMY

ATHEX 

Certifications

As a foundational institution of the Greek capital market, the Athens Exchange Group is dedicated to safeguarding investors and its members. To uphold this commitment, we have implemented specific certification criteria for participants in the trading system. While our certifications are permanent, certificate holders must maintain an active certification with the Hellenic Capital Market Commission or Bank of Greece.

 

 

ATHEX offers the following certifications:
 

  • Securities Trader Certificate (STC) for Members of the ATHEX Securities Market
     
  • Derivatives Trader Certificate (DTC) for Members of the ATHEX Derivatives Market
Useful Information

Participation Criteria

Anyone who is at least 18 years old and holds the (α1) or (α2) certificate from the Hellenic Capital Market Commission, or another equivalent certificate that allows the provision of services covered by at least the (α2) certificate. 

 

Examination Material

The examination material for the specialties of STC and DTC covers topics related to the Regulations of the Organized Markets of the Athens Stock Exchange as well as topics concerning the operation of transactions on the Athens Stock Exchange and the related systems. 


Specifically, the thematic sections of the examination material for the Athens Stock Exchange certification types are as follows: 

 

Securities Trader Certificate - (STC) 
Α. Institutional FrameworkΒ. Special Topics
ATHEX RegulationOASIS: Integrated Automated System for Electronic Transactions
Resolutions of the Board of Directors of the Stock Exchange concerning the Securities Market & the Securities Lending MechanismMembers & Access to OASIS
Rules for Clearing Transactions in Book-Entry SecuritiesOASIS Basic Principles-Concepts: Trading Model
Regulation for the Operation of the Hellenic Central Securities Depository (HCSD)ATHEX Indices
Resolutions of the ATHEX Board of Directors concerning the Securities Market & the Securities Lending MechanismSecurities Trading Model (including the Securities Lending Mechanism) in OASIS
 Common Platform: accessibility & trading
 EBB/STEP: Accessibility & Operating Model
 Basic Principles of the Securities Clearing Model

 

Derivatives Trader Certificate (DTC)  
Α. Institutional FrameworkΒ. Special Topics 
ATHEX RegulationOASIS: Integrated Automated System for Electronic Transactions
Resolutions of the ATHEX Board of Directors concerning the Derivatives Market & Securities Lending MechanismMembers & Access to OASIS
Regulation on Clearing of Transactions in DerivativesOASIS Basic Principles-Concepts: Trading Model 
Resolutions of the ATHEXCLEAR Board of Directors related to the Derivatives Market & Securities Lending FacilityATHEX Indices
ATHEXCSD Operation’s Regulation of the Hellenic Central Securities Depository (HCSD)Derivatives Trading Model (including the Securities Lending Mechanism) in OASIS
 Basic Principles of the Derivatives Clearing Model

 

Preparatory Seminars

If you are short on preparation time, you can opt to attend the preparatory seminars for the ATHEX certifications. Register your participation here.

 

Examinations

Our examinations are held at least once a year at the Athens Stock Exchange headquarters (110 Athinon Avenue, Athens 104 42). The deadlines, application details, and examination schedule are posted on this page.

 

Cost and payment methods

The participation fee for the examinations amounts to €150, and should be deposited into the following ALPHA BANK account. The bank deposit slip, under the depositor's name, must be presented or sent along with the application for participation.

Account Number:   101-00-2002-046556

Account IBAN:   GR65 0140 1010 1010 0200 2046 556 

Application and other supporting documents

The documents required in order for the applications to be considered complete and become accepted by the Athens Stock Exchange are the following:

  • Application for the acquisition of STC and DTC Certificates (fully completed and signed)
     
  • Certificate of type (α1) or (α2) of the Hellenic Capital Market Commission or Bank of Greece (certified)
     
  • Copy of identity card or passport (certified)
     
  • Bank deposit slip under Athens Stock Exchange (€150) 
     

To participate in the examinations, you must submit your written application form and the above documents within the deadline at the Athens Stock Exchange's Protocol Office or send them to the following email: certifications@athexgroup.gr.

Exceptions

According to the ATHEX Resolution No. 3, a candidate may be exempt from the certification exams of STC and DTC in the following cases;

1. Holds

  • a certificate corresponding to the one concerned in the candidate's application, which must have been awarded by the authorities or the entities or the stock exchanges of a regulated market of an EEA member state or a third country, or
  • has two years of experience, gained over the last five (5) years before submitting the application for certification with a member of a regulated market in an EEA member state, USA, Canada or Australia, where they performed trader duties similar to those being the object of the certification applied for
     

2. Has attended a special seminar organized by Athens Exchange on matters concerning the specialization of the relevant certification. Such seminars are organized at least twice (2) a year.

3. By using a form made available by Athens Exchange to the interested parties, both the candidate and the Member within which they intend to exercise their duties declare that they are aware of the regulations and the relevant resolutions of the Athens Exchange governing the operation of stock trading in the Athens Exchange, the Clearing, Settlement and Risk Management and the systems associated therewith, as well as that they fully understand the contents thereof, by being fully aware of the obligations and consequences emerging from exercising the duties of a Certified Securities or Derivatives Trader, depending on the case.
  

Exemption documents

A candidate who meets the above requirements may obtain the STC / DTC certificates by sending the following documents to certifications@athexgroup.gr.

Application for STC and DTCDownload PDF
Joint Candidate & ATHEX Member Declaration Download PDF
Certified Copy of Certificate type (a1) or (a2) of the Hellenic Capital Market Commission or Bank of Greece  
Certified copy of identity card or passport 
Bank deposit slip under Athens Stock Exchange (€150) 

 

Remote Members

ATHENS Exchange trader license


In order for a candidate to be admitted as a trader of the ATHEX Securities and Derivatives Markets, he/she must have previously successfully passed the ATHEX exchange trader examination.


In particular:

  • The official trader examination for the Securities market of ATHENS Exchange for being registered as a trader on the Securities market on ATHENS Exchange, and / or
  • The official trader examination for the Derivatives market of ATHENS Exchange for being registered as a trader on the Derivatives market on ATHENS Exchange
     

Certification examinations are held by ATHEX Academy at least once a year. The duration of the examination for each Certification is 120 minutes for each certificate and candidates must answer correctly at least sixty per cent (60%) of the questions.

 

Exemption from the Certification examinations

The obligation to possess a pass in the trader examination is not required in the following cases:

  • Requirements for the Securities market of ATHENS Exchange:
    • Candidates must hold a certificate corresponding to the one concerned in the candidate's application, which must have been awarded by the authorities or the entities or the stock exchanges of a regulated market of an EEA member state or a third country.
    • Candidates must have attended the online training session organized by ATHEX Academy. The online training session is organized at least twice a year.
       
  • Requirements for the Derivatives market of ATHENS Exchange:
    • Candidates must hold a certificate corresponding to the one concerned in the candidate's application, which must have been awarded by the authorities or the entities or the stock exchanges of a regulated market of an EEA member state or a third country.
    • Candidates must have attended the online training session organized by ATHEX Academy. The online training session is organised at least twice a year.
       

Dates for the scheduled online training sessions

TBD

Cost for the online training session
 

No of personsCost (scheduled)Cost (ad hoc +25%)*
1 - 2€600 per person€750 per person
3 - 4 (-15%)€510 per person€637,5 per person
5 - 9 (-25%)€450 per person€562,5 per person
10+ (-50%)€300 per person€375 per person

*Upon request, we can provide ad hoc online training sessions, for which an extra 25% charge per person is applied.
 

Required documents

STC DTC Application Form Download PDF
ATHEX Certificates Training Form Download PDF
Recognized Certificate 
Copy of Identity card or of passport 
Fees payment in favor of ATHEX  

 

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