Description
This exam establishes a standard minimum level of knowledge for the following:
- Approved users and sales staff of trading members of a recognized stock exchange who engage in currency derivatives trading
- The authorized users and sales staff of the trading members who trade interest rate derivatives and are registered as such in a recognized stock exchange's currency derivatives segment
- The related parties acting in their capacities as authorized users and sales representatives of the trading members of an exchange for equity derivatives or the equity derivatives division of an established stock exchange
Highlight
- The goal of the course is to improve knowledge of the different derivatives products offered in the three derivatives segments (i.e., interest rate, currency, and equity derivatives), as well as the risks and regulations related to them and the clearing and settlement exchange mechanisms.
- The NISM course also addresses knowledge abilities linked to comprehending the Indian financial system and the significance of the various laws and policies regulating the country's securities industry, particularly those pertaining to exchange-traded derivatives.
- After passing this exam, the candidate can work as a sales representative or authorized user for trading members in the interest rate, currency, and equity derivative segments of an accredited exchange.
Sample Paper
Set 1
No of Questions : 25
Time : 25 Minutes
Set 2
No of Questions : 25
Time : 25 Minutes
Set 3
No of Questions : 25
Time : 25 Minutes
Set 4
No of Questions : 25
Time : 25 Minutes
Set 5
No of Questions : 25
Time : 25 Minutes
Set 6
No of Questions : 25
Time : 25 Minutes
Set 7
No of Questions : 50
Time : 50 Minutes
Set 8
No of Questions : 50
Time : 50 Minutes
Set 9
No of Questions : 50
Time : 50 Minutes
Set 10
No of Questions : 50
Time : 50 Minutes
Set 11
No of Questions : 50
Time : 50 Minutes
Set 12
No of Questions : 50
Time : 50 Minutes
Set 13
No of Questions : 75
Time : 75 Minutes
Set 14
No of Questions : 75
Time : 75 Minutes
Set 15
No of Questions : 75
Time : 75 Minutes
Set 16
No of Questions : 75
Time : 75 Minutes
Set 17
No of Questions : 100
Time : 100 Minutes
Set 18
No of Questions : 100
Time : 100 Minutes
Set 19
No of Questions : 100
Time : 100 Minutes
Objective
The aim of NISM Series-XIII: Common Derivatives Certification Examination is to improve candidates' comprehension of the different derivatives products offered by the three derivatives segments (equity, currency, and interest rate derivatives), as well as the risks and regulations related to them and the clearing and settlement exchange processes. The exam also covers knowledge competencies linked to comprehending the Indian financial system and the significance of the various laws and policies that control the Indian securities industry, particularly those that deal with exchange-traded derivatives.