• Better understanding of various derivatives products available in the commodity derivatives market
• Regulations and risks associated with the products
• Exchange mechanisms of trading, clearing and settlement
It will benefit all those who want to understand better various derivatives products available in Indian commodity derivatives markets.
The Present Publication is the May 2022 workbook version, published exclusively by Taxmann for NISM Certification Examination XVI [Commodity Derivatives], with the following noteworthy features:
• [Know the Basics] of Indian commodity derivatives markets
• [Understand] the following in detail:
o Various trading strategies that can be built using commodity derivatives
o Clearing, settlement and risk management related to commodity derivatives markets
o Operational mechanism related to commodity derivatives markets
• [Know the Regulatory Environment] in which commodity derivatives markets operate in India
The detailed contents of the book are as follows:
• Introduction to Commodity Markets
• Commodity Indices
• Commodity Futures
• Commodity Options
• Uses of Commodity Derivatives
• Trading Mechanism
• Clearing, Settlement and Risk Management of Commodity Derivatives
• Legal and Regulatory Environment
• Accounting and Taxation
• Code of Conduct and Investor Protection Measures
NISM is a leading provider of high-end professional education, certifications, training and research in financial markets. NISM Certification programs aim to enhance the quality and standards of professionals employees in various segments of the financial services sector. NISM's School of Certification of Intermediaries (SCI) develops and conducts certification examinations and Continuous Professional Education (CPE) programs that aim to ensure that professionals meet the defined minimum common knowledge benchmark for various critical market functions like:
• Mutual Funds
• Equities
• Derivatives
• Securities Operations
• Compliance
• Research Analysis
• Investment Advice
These Certifications and CPE Programs are being developed and administered by NISM as mandated under 'Securities and Exchange Board of India (Certification of Associated Persons in the Securities Market) Regulations, 2007'. The Certifications create quality market professionals and catalyse greater investor participation in the markets. Certifications also provide structured career paths to students and job aspirants in the securities market.