Course Highlights
- 14 Videos
- 2+ Hours of Content
- Chapter-wise Tests
- Full-Length Tests
Introduction
National Institute of Securities Market (NISM) is a public trust, established by SEBI, whose objective is to promote securities market education and research. NISM caters the educational needs of various constituencies such as investors, issuers, intermediaries, regulatory staff, policy makers, academia and future professionals of securities markets. NISM is mandated to implement certification examinations for professionals employed in various segments of the Indian securities markets. To know more about NISM, and register for the examination, click on www.nism.ac.in
The Currency markets has evolved over thousands of years in the world and have witnessed a sharp growth over the last few years which have accompanied the modernization of commercial and investment banking and globalization of financial activities. The NISM Currency Derivative Certification Exam aims to build an in depth knowledge for persons working in the currency derivative segment giving a complete understanding of currency markets, exchange traded currency derivative products, operational process efficiency and risk controls. The NISM Derivatives exam is now the standard benchmark examination for Approved users and sales personnel in the Currency
Derivatives segment.

About the Trainer
0 Learners 0 reviews
Elearnmarkets is India’s leading online financial education platform with over 2.7 million users and 100+ market experts hosting finance courses and webinars in multiple languages. Our courses also include certifications from NSE Academy and are aimed at fostering the need for financial education amongst students, traders, and investors alike. With an app rating of 4.8, Elearnmarkets is available both on the iOS and Play Store.
What Will You Learn?
The objective of NISM Series 1 preparatory course is to ensure that the students have a complete knowledge of the basics of Currency markets and Exchange Traded Currency Derivative Markets, and the regulatory environments in which these markets operate in India. They will have a clear understanding of trading, clearing and settlement related to the markets and both theoretical and practical know - how of the basic investment strategies using Currency futures and options products. We provide all kind of support to the students to ensure that they clear the examination with flying colors.
Topics Covered
Introduction to Currency Markets:
- Currency basics
- History of Currency
- Major Currency Pairs
- Economic Indicators
Foreign Exchange Derivatives:
- Basics of Derivatives
- Types of Derivatives
- Market Players
Exchange Traded Derivatives:
- Future Terminologies
- Advantages of Exchange-Traded Currency Futures
- Interest rate Parity
Trading in Currency Futures:
- Contract Specifications
- Entities in Trading System
- Types of Orders
- Circuit Filters
Clearing ,Settlement and Risk Management in Currency Futures:
- Clearing and Settlement Procedure
- Position Limits
- Risk Management Measures
- Margin Requirements
Exchange Traded Currency Options:
- Basics of Options
- Option Geeks
- Long Call,Short Call,Long Put & Short Put
- Option Payoffs
- Combination Strategies
- Clearing settlement & risk management
Accounting and Taxation:
- Basics of Accounting and Taxation
- Names of Account
- Accounting entries
- Taxation
Regulatory Framework for Currency Derivatives:
- Regulatory Framework for exchange
- Regulatory framework for clearing corproation
- Eligibility Criteria
- Who cannot become a member?
Codes of Conduct and Investor Protection Measures:
- Code of Conduct for Brokers
- Code of Conduct for sub-brokers
- Adherence to code of conduct
Intended Participants
NISM Currency Derivative course is useful for fresher’s who are new to the market and would like to get introduced to the basics of Currency markets .It is a prerequisite for New Investors, Retail Traders, Brokers and Sub brokers of Currency markets, For People seeking jobs in the Financial Sector or BPO or IT sector companies, doing this course will add great weightage to their resume. The NISM Currency Derivatives exam is one of the most important exams conducted, so any student who wants to clear this exam, this course is the perfect choice!
No preview video is available at this moment
NISM Series I - Currency Derivatives is a preparatory course designed to aid you in your preparation for the final NISM Series 1-Currency Derivatives Certification Examination. There are mock tests designed after every section of the course to test the understanding of the students. These mock tests have been designed in a similar pattern as it will be in the NISM final examination to help the learners in preparing for the final examination.
After successfully completing the preparatory course, if you want to take up the final NISM examination conducted by NISM, then follow the following steps:
NISM Series I: Currency Derivatives Certification Examination is to given at NISM Exam Centres.For this the participants have to do the following:
- To register for NISM Series I: Click Here
- To book your NISM Series I: Click Here
- To check out the test centres: Click Here
Other Details
- Mode of Examination: Online
- Pattern of Questions: 100 multiple choice based questions of 1 mark each
- Duration: 2 Hours
- Qualifying marks: 60 marks. There is negative marking of 25% for each wrong answer
- Course Outline: Click Here
Discussions
Other Courses by Elearnmarkets
Discover a range of courses curated by our expert delivering deep insights and expertise on relevant topics.