Derivatives Market Module

BY
Institute of Financial Market Courses

Make better decisions for your organisations by gaining the knowledge about derivatives with NISM Derivatives Market Module - NISM Series 8 by IFMC Institute.

Mode

Online

Duration

1 Month

Fees

₹ 10000

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study, Virtual Classroom
Mode of Delivery Video Based

Course overview

The best way to gain a command over topics such as payoff charts, indices, risk management, and regulation is by taking up this course of NISM Derivatives Market Module - NISM Series 8 that is being offered by IFMC Institute. Derivatives Market Module course will make sure that the student is well-versed with the currency market by getting them familiarised with various key concepts such as the role of demand and supply mechanism, the effect of macroeconomic indicators, and the impact of government policies. This certification programme uses frameworks of fundamental analytics to make sure that there are no losses because of uncertainties in the currency market. 

This introductory level course provides the contents for a month, in which the candidates are required to learn, understand the concepts, and have an attendance of at least 95 percent. This will enable them to obtain certification by NISM and NCFM which will be beneficial in a variety of employment firms. 

The highlights

  • Job Guarantee
  • Certification by NISM and NCFM
  • One-month duration
  • Offered by IFMC Institute
  • Industrially recognized programme
  • Experienced and skilled faculty
  • Flexibility in payment

Program offerings

  • Internal exams
  • Projects
  • Classroom attendance
  • Viva
  • Assignments
  • Nse exams
  • Class assessments
  • Practical classes

Course and certificate fees

Fees information
₹ 10,000

The fees for the course Derivatives Market Module is : 

Particulars

Amount

Registration fee

1,700

Certification fee

10,000

certificate availability

Yes

certificate providing authority

NISM Raigad +1 more

Who it is for

The Derivatives Market Module course - NISM Series 8is directed towards:

  • Equity dealers who work as client advisers in stock broking companies
  • Risk managers
  • Stockbrokers
  • Derivatives traders
  • Derivative analysts
  • Trading professionals
  • Compliance managers
  • Treasury Executive

Eligibility criteria

Education

Derivatives Market Module course is only applicable to the students who have passed their senior secondary from a recognised board. It is recommended that the students have at least a bachelor’s degree in any programme. 

Certification Qualifying Details

A certificate will be provided at the end of the programme to the candidates who have at least 95 percent attendance and will depend upon viva, projects, NSE exams, internal exams, projects, and practical classes. This certification will be given by NISM and NCFM. 

What you will learn

Some of the unique lessons that the candidates will be leaving the Derivatives Market Module certification course are:

  • Receive in-depth insight into the market of Indian equity derivatives 
  • Understand the importance of the concepts of settlement, risk management, clearing
  • Gain skills that will provide you with entry level jobs in the companies indulging in stock broking
  • Discuss about the markets of equity derivatives in context to operational mechanism 
  • Know the type of environment in which the operation of Indian equity markets take place
  • Learn technical tools that will benefit your career and help it progress
  • Know more about strategies of global training with the help of derivatives that are built using options and futures
  • Gain an exposure towards live markets with the help of hands-on experience by practical projects 

The syllabus

Module 1: Derivatives Market Introduction and Fundamentals

  • What is Derivatives Market?
  • What Are the Types of Derivatives
  • Derivatives and Equity Market
  • Evolution of Derivatives Market
  • Indian Derivatives Market
  • Significance of Derivatives
  • Risk in Derivatives Market

Module 2: Quantitative Fundamentals

  • What is Beta?
  • What is R-Square?
  • How to do continuous compounding?
  • What is a normal distribution?
  • What is share prices lognormal distribution?

Module 3: Derivatives Market Volatility

  • Historical Volatility (σ)
  • ARCH Model
  • Exponentially Weighted Moving Average (EWMA)
  • GARCH Model
  • Implied Volatility

Module 4: Introduction to Forwards

  • Contracts
  • Selection Criteria
  • Stock Selection Criteria
  • Criteria for Continued Eligibility of Stock
  • Criteria for Re-inclusion of Excluded Stocks
  • Index Selection Criteria
  • Price Steps and Price Bands for Contracts
  • Quantity Freeze for Futures Contracts
  • Novation
  • Margins Daily Mark-to-Market Settlement
  • Final Settlement
  • Cost of Carry
  • Determining Stock Futures Price (without Dividend)
  • Determining Stock Futures Price (with Dividend)
  • Determining Index Futures Price (without Dividend)
  • Determining Index Futures Price (with Dividend)
  • Cash & Carry Arbitrage
  • Reverse Cash & Carry Arbitrage
  • Convergence of Spot & Futures
  • Contango & Backwardation
  • Cost of Carry – Commodities

Module 5: Understanding Index

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

Module 6: Introduction to Options and Trading Stratgies

  • Basics of options
  • Payoff Charts for Options
  • Basics of options pricing and option Greeks
  • Fundamentals of options pricing
  • Overview of Binomial and Black-Scholes option pricing models
  • Basics of Option Greeks
  • Uses of Options
  • Option spreads and their payoff charts
  • Straddle: market view and payoff charts
  • Strangle: market view and payoff charts
  • Covered Call: market view and payoff charts
  • Protective Put: market view and payoff charts
  • Collar: market view and payoff charts
  • Butterfly spread: market view and payoff charts

Module 7: Introduction to Clearing and Settlement system

  • Clearing Members, their role and eligibility norms
  • 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 limits

Module 8: Regulatory Frame Work

  • Objective of Regulation
  • Regulation of Exchanges
  • Eligibility for derivative trading
  • Regulatory control on contracts
  • Risk Management at Clearing
  • Different aspects of risks
  • Market Manipulation

Module 9: Accounting of Derivatives

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

Admission details

For students applying in the course of NISM Derivatives Market Module - NISM Series 8should follow the following guidelines:

Step 1: You need to visit the given link to land on the homepage of the course: https://www.ifmcinstitute.com/classroom-stock-market-courses/derivatives-market-module/

Step 2: There will be an option of ‘Pay Now’ under the heading Pay full or Partial Course Fees. Click on it and it will take you to a payment gateway. 

Step 3: Provide your name and enter the amount that you need to pay to complete the purchase.

Step 4: The student will be enrolled after the payment and they can then start learning.

How it helps

In the financial sector strategy, the market of Indian derivatives has been on a steady rise for the past few years. The skills provided by the programme of NISM Derivatives Market Module - NISM Series 8caters to the needs of the organisations related to the Indian derivatives market and makes the candidate ready to take on real-life challenges and perform better. Since this course is an introductory level course, it makes it possible for students with little to no experience to apply and make a mark in this industry. 

Through the efficient pedagogy of IFMC Institute, the candidate will master the theoretical content along with the practical aspect that is necessary before working in a real firm. There will be various assessments that will be conducted for motivating the candidates into putting their best efforts to learn this course. The viva, assignments, and internal assignments keep a check on the candidate’s progress and push them to do more. 

The certification that comes with this programme, verified by NISM and NCFM is recognisable in various big and small companies. The certification also adds to the benefit of those working as stockbrokers and dealers as it adds to their existing knowledge. It provides a way for students and professionals that are unhappy with their current jobs or pay to improve their situations by working at a better firm.

FAQs

What are the details of the programme?

This programme is an introductory level course that will polish the skills of Indian derivatives market for the candidates. This is a short course running for about a month and the students will be given a certification by NISM and NFMC on completing the course.

How can I get the facility of franchisee?

Reach Mr. Manish at his phone number, which is 9811073006, to know about the franchisee facility. It is available in almost every city of our country.

What are the total fees?

Candidates have to pay Rs. 1,700 for registering in the course and Rs. 10,000 to avail of the certification.

What are the job opportunities of this course?

This course offers a 100 percent job guarantee for all. However, it is advised that the candidates at least have a bachelor’s degree because senior secondary graduates are provided jobs in small companies like sub-broker offices, while the former can get jobs in big companies.

What are the documents that I need to submit during admission?

All original self-attested copies of 10th as well as Senior Secondary certificates, marksheets, professional certificates are needed by the institute during admission time by the candidates.

How can I avail a certification?

There are certain factors that have to be kept in mind which include recommendation and remarks of the faculty and centre head, decision of the centre in charge as well as the candidates’ performance in the viva, assessments, internals, NSE exams etc.  

Will there be any exams?

Yes, the exam has a total of 150 questions that are given in the form of multiple-choice questions.

What are the career paths that I can choose after studying this course?

The candidates can choose to become Equity Dealers, Trading professionals, Compliance Managers, Stockbrokers, Portfolio Manager, Research Analyst, etc after completing the course.

Who are the partner employees of IFMC Institute?

The partner institutes of IFMC Institute in which the certification is highly recognised are Bank of America, Morgan Stanley, HSBC Bank, Citibank, Deutsche, and RBS.

How can I pay?

The only option for paying available right now is through the platform of PayU Money. 

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