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ICMA FMFQ exam is divided into two parts - Part I and Part II. Part I is focused on introducing candidates to the financial markets and is made up of multiple-choice questions. Part II is more advanced and is composed of two essay questions, covering topics such as market analysis and investment strategies. FMFQ exam is available to candidates around the world and can be taken in several languages.

ICMA FMFQ exam is administered by the International Capital Market Association (ICMA), a leading global trade association for the capital markets industry. The ICMA FMFQ exam is offered in multiple languages and can be taken at testing centers around the world. FMFQ exam is open to anyone who is interested in demonstrating their proficiency in financial markets, and there are no prerequisites to take the exam.

Reference: https://www.icmagroup.org/executive-education/courses/financial-markets-foundation-qualification-fmfq-2/

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