NISM Series IV: Currency Derivatives Certification Exam Notes

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  • Derivative Valuation: Based on market prices or models.
  • Tax Authorities: Income Tax Department oversees compliance.
  • Accounting Records: Maintained for audit and regulatory purposes.
  • Disclosure of Positions: Includes open derivative contracts.
  • Taxable Events: Include settlement and exercise of contracts.

NISM Interest Rate Derivatives

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