NISM Series IV: Interest Rates Derivatives Certification Examination
Interest rate derivatives (IRDs) are financial instruments in the finance industry that are based on an underlying whose value is affected by changes in interest rates in an economy. The degree of liquidity, tradability, and complexity of each of the three types of IRDs can be used to distinguish it. By taking this examination Candidates will gain a thorough understanding of the fixed income securities markets, interest rate derivative products, rules and regulations pertaining to interest rate derivatives, product risks, clearing & settlement procedure and will be able to clear the NISM IRD exam. A solid understanding of interest rate derivatives serves as a good foundation for the NISM series IV certification exam offered by SEBI.
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For those who operate in the Interest Rate Derivatives market sector, the NISM Series IV: Interest Rates Derivatives exam establishes a minimal level of knowledge and is a must to clear as SEBI regulations. It offers improved comprehension of interest rate derivative products, rules, and regulations, as well as the risks connected to these products and the clearing and settlement exchange processes. It also covers the fixed-income securities markets. In order to improve understanding of the fixed income securities markets, interest rate derivative products, rules and risks related to them, clearing & settlement,and exchange mechanisms, the exam aims to establish a minimum knowledge benchmark for individuals working in the IRD market segment.
After successful completion of the NISM Series IV: Interest Rates Derivatives exam, candidates will able to: