The NISM Series VIII: Equity Derivatives Certification Exam is an exam offered by the National Institute of Securities Markets (NISM) in India. It’s designed for professionals who want to work in the equity derivatives market, particularly in roles like trading, advisory, or risk management.
Key Details About NISM Series VIII
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- Purpose: This certification is mandatory for individuals dealing in equity derivatives in India, as per SEBI regulations.
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- Topics Covered:
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- Basics of derivatives
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- Trading strategies
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- Risk management in derivatives
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- Regulatory framework
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- Accounting and taxation of derivative products
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- Topics Covered:
Exam Format
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- Duration: 2 hours
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- Number of Questions: 100
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- Question Type: Multiple Choice Questions (MCQs)
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- Passing Marks: 60% (i.e., 60 out of 100)
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- Negative Marking: 25% negative marking for each wrong answer
Preparation Tips
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- Study Material: NISM provides an official workbook, which covers all the exam content.
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- Mock Tests: Practicing online mock exams can help improve time management.
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- Focus Areas: Understand derivatives concepts deeply, including options strategies, futures, and margin calculations.
Validity
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- The certification is valid for 3 years, after which candidates must renew it by passing the Continuing Professional Education (CPE) program or retaking the exam.
Career Opportunities
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- Equity derivatives desk
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- Trading advisory
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- Risk management roles
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- Investment analysis and research
Would you like tips on study strategies, key concepts, or exam registration details?
The NISM Series VIII: Equity Derivatives syllabus covers key topics essential for understanding and operating in the equity derivatives market. It includes:
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- Introduction to Derivatives: Basics, types, and market participants.
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- Understanding Futures and Options: Contract specifications, payoffs, and strategies.
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- Trading and Clearing Mechanism: Margining, settlement, and risk management.
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- Regulatory Framework: SEBI guidelines and compliance.
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- Accounting and Taxation: Financial implications and tax considerations.
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- Important Concepts: Hedging, speculation, and arbitrage strategies.
Focusing on practical examples and mock tests is crucial for success in this exam. Would you like a detailed breakdown of any section?
Fees
The NISM Series VIII: Equity Derivatives Certification Exam has a registration fee of ₹1,500 (inclusive of GST) per attempt.
Payment Details
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- The fee must be paid online through the NISM website during the registration process.
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- Payment methods include debit cards, credit cards, net banking, and UPI.
If you’d like guidance on how to register, prepare, or access study materials, let me know! 😊