e-Camp Millionaire Level 6 (Basic Options & Futures)

1) Analyzing financial news and understanding how external factors can impact investments
2) Developing skills to prepare for independent and productive financial futures through discussions with peers
3) Gaining experience with participating in a simulated stock trading exercise using a direct feed from Wall Street
4) Learn what foreign exchange (forex) is, how forex works and how exchange rates are calculated
5) Identify some of the major markets in forex
6) Understand why companies use/engage in foreign exchange
7) Learn about the difference between three forex markets: spot markets, forwards markets and futures markets
8) Learn about the realities of being a forex trader and what goes into forex contracts
9) Understand what derivatives are, different examples of derivatives and why people use them
10) Get to know the concepts of arbitrage and hedging
11) Explore different types of derivatives: futures, commodity derivatives
12) Learn about swaps, including currency and interest rate swaps
13) Examine the practice of trading options and understand how to read option data

Voted top educational program in Canada.

Featured in BBC, Global, CTV, Breakfast TV, CBC and more.

Be better than the best

As students advance through the grades of ExplorerHop financial education courses, they develop industry level skills and strategies. In Level 5 of the Camp Millionaire series, students are taught at a 3rd-year university level. In Level 8 they utilize concepts that are taught at a Masters level.

When a student completes an entire ExplorerHop course series, they are equipped with the knowledge of a strong industry professional.

Make a difference to your family

ExplorerHop students learn how to plan for their future. Early financial literacy empowers children to understand and challenge how the world works. When your child understands the value of money, they can begin actualizing practical ways to grow it.

Many of our courses offer the choice to purchase a supplementary app. The app is an engaging online learning module designed for your child. Each stage of the module offers exclusive content and interactive games that will help your child progress through the course. With the app your child will have access to these resources at all times, allowing for additional learning and support between classes. The app is offered through Canvas, and the student will be set up after starting the course.

If you want your child to squeeze the most out of this experience, the app is a must-have!

Earn Duke of Edinburgh's hours

Bronze for students ages 14+ - 13 weeks

Silver for students ages 15+ - 26 weeks

Gold for students ages 16+ - 52 weeks

Earn Scouts badges:

Scouts Canada is a Canadian Scouting association providing programs for young people, aged 5 to 26, with the stated aim "to help develop well rounded youth, better prepared for success in the world."

Scouts for students ages 11 to 14 - Badges: Community, Canada, World, Hobby, Technology, Engineering, Science

Venturer for students ages 15 to 17 - Badges: Community, Canada, World, Hobby, Technology, Engineering, Science

Rover for students ages 18 to 26 - Badges: Community, Canada, World, Hobby, Technology, Engineering, Science