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NISM Series XVI - Commodity Derivatives Certification Exam

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NISM Series XVI - Commodity Derivatives Certification Exam


The Commodity Derivatives examination aims to establish a standardized minimum knowledge requirement for individuals serving as approved users and sales personnel of trading members within the commodity derivatives segment of a recognized stock exchange. This examination intends to provide a deeper comprehension of:

  • The diverse derivatives products available in commodity derivatives markets.
  • The regulations and associated risks linked with these products.
  • The operational aspects of trading, clearing, and settlement within these markets.


Who should take the exam?

NISM Series XVI - Commodity Derivatives Certification Exam can be suitable for:

  • Approved Users and Sales Personnel
  • Students and Professionals


Course Outline 

The Exam covers the given topics  - 

  • Topic 1: Overview of Commodity Markets
  • Topic 2: Understand Commodity Futures
  • Topic 3: Commodity Options
  • Topic 4: Learn about Commodity Indices
  • Topic 5: Uses of Commodity Derivatives
  • Topic 6: Understand Trading Mechanism
  • Topic 7: Clearing Settlement and Risk Management of Commodity Derivatives
  • Topic 8: Accounting and Taxation
  • Topic 9: Learn about Legal & Regulatory Environment of Commodity Derivatives