This certificate verifies that Calvin Cheng Kah Wei successfully completed and passed the course "Fundamentals of Market Structure" offered by the New York Institute of Finance through edX. The certificate is issued on August 16, 2016 and signed by the Managing Director and Curriculum Director of the New York Institute of Finance to validate the achievement.

1. 8/16/2016 NYIF ETFM2016.1x Certificate | edX
https://courses.edx.org/certificates/cc48d556f375474ca7b7e9311efb3658 1/2
V E R I F I E D
CERTIFICATE of ACHIEVEMENT
This is to certify that
Calvin Cheng Kah Wei
successfully completed and received a passing grade in
ETFM2016.1x: Fundamentals of Market
Structure
a course of study offered by NYIF, an online learning initiative of New York Institute of
Finance through edX.
Lee Arthur
Managing Director
New York Institute of Finance
Anton Theunissen
Curriculum Director
New York Institute of Finance
VERIFIED CERTIFICATE
Issued August 16, 2016
VALID CERTIFICATE ID
cc48d556f375474ca7b7e9311efb3658

2. 8/16/2016 NYIF ETFM2016.1x Certificate | edX
https://courses.edx.org/certificates/cc48d556f375474ca7b7e9311efb3658 2/2