NISM-Series-I: Currency Derivatives Certification
The examination seeks to create a common minimum knowledge benchmark for persons working in the Currency Derivatives market segment, in order to enable a better understanding of currency markets and exchange-traded currency futures products, better quality investor service, operational process efficiency and risk controls.
On successful completion of the examination, the candidate should:
- Know the basics of currency markets and specifically Exchange Traded Currency Derivatives markets. This is the addition.
- Understand the trading, clearing and settlement mechanisms related to Currency Derivatives markets and basic investment strategies that use currency futures and options products.
- Know the regulatory environment in which the Currency Derivatives markets operate in India.
The NISM-Series-I: CD Examination will be a 100 marks examination to be completed in 2 hours. It will have 100 questions of 1 mark each. There will be negative marking of 25% of the marks assigned to a question. The passing score for the currency derivatives exam is 60%.
This NISM Currency Derivatives Certification is also available in Hindi and Gujarati languages.
|Name of Examination||NISM-Series-I: Currency Derivatives Certification Examination|
|Negative marking||25% of the marks assigned to the question|
|Payment gateway charges||Extra|
|Passing Certificate eligibility||PAN (Income Tax Permanent Account Number) must be furnished/updated in registration details|
|Test Duration (in minutes)||120|
|No. of Questions||100|
|Pass Marks* (%)||60|
|Certificate Validity (in years)#||3|