All approved users (dealers) and sales personnel of trading members of currency derivatives segments of recognized stock exchanges, Interested students/professionals and interested persosns
NISM has specified NISM Series I CD Exam as the benchmark exam for the approved users (dealers) and sales personnel of trading members of currency derivatives segments of recognized stock exchanges.
For registrations candidates may visit NISM, NSE or BSE Websites
You will receive a hard copy of the workbook / study material by courier, after enrolment for the examination from the respective test administrator. We provides Study Notes based on NISM Workbook / Study Material. However candidates are advised to read NISM Workbook / Study Material. Register to download NISM Currency Derivatives study notes.
Register to download NISM Currency Derivatives study notes from our site.
No, the study material is free of cost and will be provided to you on registration for the examination by the respective Test Administrator.
We provides you Online Model Test for Currency Derivatives Exam. Register to take Model test.
To renew your current certificate, you need to appear for NISM CPE for Currency Derivatives.
Only the candidates who have produced their Income Tax Permanent Account Number (PAN) during registration would receive the NISM Certificate within two weeks of appearing for the examination. Candidates who produced other identification proofs would not receive the NISM certificate. They would receive only the temporary mark sheet at the end of the examination.
The certificate is valid for a period of 3 years from the date of passing the exam.
Candidates who have not provided their PAN information during registration may furnish their PAN details to the Test Administrator they have registered with anytime after taking the examination. After receiving and verifying PAN details, the candidate will receive the certificate from the Test Administrator they have registered with. No additional payments are necessary for obtaining the certificate.
The certificate is valid for a period of 3 years from the date of passing the exam.
Candidates who have not provided their PAN information during registration may furnish their PAN details to the Test Administrator they have registered with anytime after taking the examination. After receiving and verifying PAN details, the candidate will receive the certificate from the Test Administrator they have registered with. No additional payments are necessary for obtaining the certificate.
NISM Currency Exam (CD) Syllabus | Weightages (Syllabus wise question %) |
---|---|
Unit 1: Introduction to currency markets | 12% |
Unit 2: Foreign exchange derivatives | 5% |
Unit 3: Exchange traded currency futures | 6% |
Unit 4: Strategies using currency futures | 24% |
Unit 5: Trading in currency futures | 6% |
Unit 6: Clearing, Settlement & Risk Management in currency futures | 16% |
Unit 7: Exchange traded currency options | 15% |
Unit 8: Accounting and Taxation | 5% |
Unit: 9: Regulatory framework for currency derivatives | 6% |
Units: 10: Codes of conduct and Investor protection measures | 5% |
DURATION | 120 Minutes |
NO. OF QUESTIONS | 100 |
MAXIMUM MARKS | 100 |
PASS MARK | 60 |
NEGATIVE MARK | 25% FOR WRONG ANSWERS |
CERTIFICATE VALIDITY | 3 YEARS |
EXAM FEES | Rs 1500/- |
Please refer to NISM Notification NISM/Certification/Series-I: CD/2009/1 dated May 11, 2009 and NISM/Certification/Series-I: CD/2011/01 dated December 20, 2011