
This step-by-step Nism series 8 tutorial covers equity and derivatives fundamentals, forward and futures, options strategies, trading systems, clearing and settlement, and Sebi regulations.
Explore basics of derivatives, including forwards, futures, options, and swaps, defined by underlying assets such as metals, energy, and financials; trace their history, regulation, and risk management.
Explore how stock market indices represent markets through portfolios of securities, with weightings like market cap, free float, price, and equal weighting, and their use in derivatives and ETFs.
Explore the introduction to forwards and futures, comparing OTC forwards with standardized exchange-traded futures, including margins, mark-to-market, and hedging strategies such as calendar spreads.
Explore the fundamentals of options, including calls and puts, premium, strike price, intrinsic and time value, American vs European exercise, and pricing factors like volatility and Greeks.
Explore option trading strategies, including vertical spreads, horizontal spreads, and diagonal spreads, straddles and strangles, protective puts, butterfly spreads, and covered calls.
Explore the trading mechanism in chapter six, detailing trading members and clearing members, authorized persons, order types, and trading workstation layouts, with notes on corporate actions and regulatory changes.
Understand how the clearing corporation acts as a central counterparty and guarantees financial settlements for futures and options trades through MTM, margins, and final settlement.
Explore the legal and regulatory framework for equity and derivatives, including fcra 1956 and sebi act 1992, plus Gupta and Verma committee recommendations on margins, mtm, and investor protection.
Examine accounting for forward contracts, including amortizing premium or discount and recognizing exchange differences in the PNL, along with post-2005 taxation rules for equity derivatives on stock exchanges.
Explore sales practices and investor protection services, emphasizing customer oriented advice, risk awareness, and robust due diligence including kyc, aml and risk based client profiling.
Master key equity and derivatives concepts through practical questions, explanations, and solutions for NISM Series VIII, including options, margins, arbitrage, due diligence, Sebi redressal, and formulas.
Welcome to the NISM Series VIII : Equity and Derivatives course!
I'm thrilled to have you here and excited to guide you through this comprehensive journey into the world of equity and derivatives markets. This course is meticulously crafted to provide you with a deep and thorough understanding of key concepts, from the basics to advanced trading strategies. You will explore various types of derivatives, including futures, options, swaps, and forwards, and learn how they can be effectively used for risk management and strategic trading.
I have personally cleared NISM Series 8, 9, 15, and 21 on my first attempt, and I am currently pursuing my CA Final. My goal is to share the insights and techniques that helped me succeed and to help you navigate the complexities of these financial markets with confidence.
As part of the course, you will receive two colorful, handwritten PDF notes designed to enhance your learning experience. These notes will simplify complex topics and serve as valuable reference materials throughout your studies.
By the end of this course, you'll not only be well-prepared for the NISM Series 8 exam but also equipped with practical skills to excel in the world of trading and investment. Join me in this educational journey, and let’s work together to achieve your financial goals!
Warm regards,
Madhur