Description
The Equity Derivatives Certification Examination sets a minimum knowledge benchmark for professionals such as approved users and sales personnel associated with trading members of equity derivatives exchanges or segments of recognized stock exchanges. This certification is designed to build a strong conceptual and practical understanding of equity derivative products, trading strategies, and the regulatory framework of the Indian securities market. It also provides insights into the exchange mechanisms of clearing, settlement, and risk management.
Key Learning Objectives:
- Gain a comprehensive understanding of the Indian equity derivatives market.
- Learn various trading strategies involving futures and options on stocks and indices.
- Understand the clearing, settlement, and risk management framework of equity derivatives.
- Familiarize with the regulations and compliance requirements governing the equity derivatives market in India.
Examination Structure:
- Format: 100 questions (MCQs)
- Total Marks: 100
- Duration: 2 hours
- Passing Criteria: Minimum 60% (60 marks)
- Negative Marking: 25% of marks deducted per incorrect answer
- Certificate Validity: 3 years
| NISM Series VIII | Equity Derivatives Certification Examination | ||
|---|---|---|---|
| Basic | Essential | Home School | |
| Videos | Yes | Yes | Yes |
| Practice Materials | Yes | Yes | |
| Juicenotes | Yes | ||
| Formula Review Sheet | Yes | ||
| Access Duration: | |||
| 3 Months | 3,000 | 5,000 | 7,000 |
| 6 Months | 5,000 | 7,000 | 9,000 |
| 9 Months | 7,000 | 9,000 | 11,000 |
| 12 Months | 9,000 | 11,000 | 13,000 |
Key Learning Areas
Chapter 1: Basics of Derivatives Chapter
Chapter 2: Understanding Index Chapter
Chapter 3: Introduction to Forwards and Futures Chapter
Chapter 4: Introduction to Options Chapter
Chapter 5: Strategies using Equity Futures and Options Chapter
Chapter 6: Trading Mechanism Chapter
Chapter 7: Introduction to Clearing and Settlement System Chapter
Chapter 8: Legal and Regulatory Environment Chapter
Chapter 9: Accounting and Taxation Chapter
Chapter 10: Sales Practices and Investor Protection Services
Certification Requirement: A passing certificate will be issued only upon furnishing/ updating a valid PAN (Permanent Account Number) with NISM.
For any inquiries or further information, please feel free to connect with us at +91 8888733330