NISM Derivatives Certification - Series VIII (Accredited)

The examination seeks to create a common minimum knowledge benchmark for

associated persons functioning as approved users and sales personnel of the trading

member of an equity derivatives exchange or equity derivative segment of a recognized

stock exchange.

The examination aims to enable a better understanding of various derivatives products

available in equity derivatives markets, regulations and risks associated with the

products and the exchange mechanisms of clearing and settlement. The examination

also covers knowledge competencies related to the understanding of the financial

structure in India and the importance of the different rules and regulations governing

the Indian securities market, especially those related to the equity derivatives segment.