NISM Series 8 (NISM VIII): Equity Derivatives Certification Exam Notes

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  • Mark-to-Market (MTM): Daily settlement of gains/losses based on price changes.
  • Contract Specifications: Define underlying asset, size, expiry, and settlement terms.
  • Nifty Futures: Based on Nifty 50 index, expire on the last Thursday of the month.
  • Sensex Futures: Based on BSE Sensex, with unique contract specifications.
  • Lot Size: Number of units of the underlying asset in a futures contract.

NISM Equity Derivatives

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