NISM-Series-I: Currency Derivatives

Fees (₹)
1200 +
Test Duration (in minutes)
0
No. of Questions
0
Maximum Marks
0
Pass Marks* (%)
0
Certificate Validity (in years)#
0

The examination seeks to create a common minimum knowledge benchmark for persons working in the Currency Derivatives market segment, in order to enable a better understanding of currency markets and exchange-traded currency futures products, better quality investor service, operational process efficiency and risk controls.

Examination Objectives:

Assessment Structure:

Exam Component

Total Marks

Number of Questions

Exam Duration

Negative Marking

Passing Score

Details

100

100 (1 mark each)

2 hours

25% per incorrect answer

60%

Syllabus Outline with Weightages

Unit No.

Unit Name

Weightage%

I.

Introduction to Currency Markets

10

II.

Foreign Exchange Derivatives

5

III.

Exchange Traded Currency Futures

20

IV.

Exchange Traded Currency Options

20

V.

Strategies Using Exchange Traded Currency Derivatives

10

VI.

Trading Mechanism in Exchange Traded Currency Derivatives

10

VII.

Clearing, Settlement and Risk Management in Exchange Traded Currency Derivatives

10

VIII.

Regulatory Framework for Exchange Traded Currency Derivatives

5

IX.

Accounting and Taxation

5

X.

Codes of Conduct and Investor Protection Measures

5

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