NISM-Series-VIII (Equity Derivatives Certification Examination): Latest Syllabus

NISM-Series-VIII: Equity Derivatives Certification Examination | Latest Syllabus | How to Pass Exam | Online Test Series

In this article, we’ve covered all you need to know about the NISM Series-VIII Equity Derivatives Certification Examination, including the Syllabus, Registration and Fees, Marking, Duration, Validity, and more. The purpose of this examination is to provide a common minimum knowledge benchmark for associated persons who work as approved users and sales personnel for a trading member of an equity derivatives exchange or recognized stock exchange’s equity derivative sector.

The goal of the examination is to gain a better understanding of the numerous derivatives products available in equities derivatives markets, as well as the rules and regulations associated with the products and the clearing and settlement exchange mechanisms.

NISM Series-VIII Equity Derivatives Certification Examination Pattern:

The examination will consist of 100 questions with a maximum mark of 100. The duration of the test is two hours, and the qualifying mark (%) is 60. This certification examination has a fee of Rs.1500. A quarter of the marks assigned to the question will be deducted as negative marking. This certification course has a three-year validity period.

NISM Series-VIII Equity Derivatives Certification Examination Syllabus:

The syllabus for the NISM Certification Exam differs depending on whatever NISM exam participants choose. The NISM Series-VIII Equity Derivatives Certification Examination syllabus is available here.

I. Basics of Derivatives

• Basics of derivatives
• Evolution of derivatives m
• Indian derivatives Market
• Market participants
• Types of derivatives market
• Significance of derivatives
• Various risk faced by the participants in derivative

II. Understanding Index

• Introduction to Index
• Significance and economic purpose
• Types of Indices
• Attributes of an Index and concept of impact cost
• Index management
• Major Indices in India
• Applications of Index

III. Introduction to Forward

• Introduction to Forwards
• Payoff Charts for Futures contract
• Futures pricing

1. Cash and carry / Non-arbitrage model for futures pricing
2. Expectancy model of futures pricing
3. Concept of convergence of cash and futures prices

• Basic differences in Commodity, Equity
• Uses of futures

1. Role of different players in futures market
2. Use of futures contract as an effective instrument for managing
3. Strategies for hedging, speculation and arbitrage in futures market

IV. Introduction to Options

• Basics of options
• Payoff Charts for Options
• Basics of options pricing and option Greeks

1. Fundamentals of options pricing
2. Overview of Binomial and
3. Basics of Option Greeks
4. Uses of Options

V. Option Trading Strategies

• Option spreads and their payoff charts
• Straddle: market view and payoff charts
• Strangle: market view and payoff charts
• Covered Call: market view and
• Protective Put: market view and payoff charts
• Collar: market view and payoff charts
• Butterfly spread: market view and payoff charts

VI. Introduction to Trading Systems

• Trading Systems, corporate hierarchy, order types and conditions
• Selection criteria of Stock for trading
• Selection criteria of Index for trading
• Adjustments for Corporate Actions
• Position Limits
• Using daily newspapers to track futures and option

VII. Introduction to Clearing

• Clearing Members, their role and
• Clearing Mechanism and computation of open positions
• Settlement Mechanism for stock and index futures and options
• Understanding margining and mark to market under SPAN
• Risk Management features and position limit

VIII. Legal and Regulatory Environment

• Securities Contract (Regulation) Act, 1956
• Securities and Exchange Board of India Act, 1992
• Important rules and regulation
• Regulation in clearing & s
• Major recommendations of
• Major recommendations of the J R Verma Committee

XI. Accounting and Taxation

• Accounting of Futures and Options contracts
• Taxation of Derivative transaction in securities

X. Sales Practices and Investors Protection Services

• Risk profile of the investors

1. Importance of profiling clients in sales process
2. Importance of KYC
3. Documents required by the investors to trade in Derivatives contract
4. Best practices in derivatives sales

• Investors Grievance Mechanism

XI. How to Pass Examination:

As you already know that the Mock Tests or Online Test Series are very essential for passing any competitive examination. In this article, we are providing you with the online test series for NISM Series-VIII Equity Derivatives Certification Examination that is based on the actual NISM Exam Pattern. Candidates who want to get NISM Series-VIII Equity Derivatives Certification can take our NISM Series-VIII Equity Derivatives Certification Examination Online Test Series which contains the most essential questions asked in the Examination. Candidates will also be provided with a detailed explanation of each question in this NISM Series-VIII Equity Derivatives Certification Examination Online Test Series. NISM Series-VIII Equity Derivatives Certification Examination Online Test Series is prepared by working professionals. NISM Series-VIII Equity Derivatives Online Test Series is a good opportunity for all candidates.

NISM Series-VIII Equity Derivatives Certification Examination Online Test Series Includes:

• 900 Total Questions
• Detailed Explanation of each question
• 100 Question & 120 Minutes for each mock
• Based on Latest Pattern and Previous Year Paper

NISM Series-VIII Equity Derivatives Certification Examination Online Test Series Salient Feature:

• Actual Exam Pattern Based Test Series
• Language: English Medium
• 100% Success Rate
• Validity: 3 Months
• Access on Web and APP 24/7

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