Description
Taxmann Publications Interest Rate Derivatives Workbook Version - January 2020 by National Institute of Securities Markets and An Educational Initiative of SEBI
This book aims to create a common minimum knowledge benchmark for the approved users and sales personnel of the ‘Trading Members’ who are registered as such in the Currency Derivatives Segment of a recognized stock exchange and trading in Interest Rate Derivatives.
This book covers basics of the interest rate derivatives, trading strategies using interest rate derivatives, clearing, settlement and risk management as well as the regulatory environment in which the interest rate derivatives markets operate in India
The Present Publication is the January 2020 workbook version, published exclusively by Taxmann for NISM Certification Examination IV [Interest Rate Derivatives], with the following noteworthy features:
Know the basics of fixed income securities markets and specifically interest rate derivative market in India and developed world
Understand the analytical framework required for Bond Futures market in India along with trading and hedging strategies involved
Understand the clearing, settlement and risk management as well as the operational mechanism related to interest rate derivatives markets
Know the regulatory environment in which the interest rate derivative markets operate in India
This book also features chapter-end sample questions with answers
Coverage of this book includes:
Fixed-Income and Debt Securities – Introduction
Interest Rate – Introduction
Return and Risk Measures for Debt Securities
Interest Rate Derivatives
Contract Specification for Interest Rate Derivatives
Trading, Clearing, Settlement and Risk Management
Regulations and Compliance
Trading and Hedging
About the author
National Institute of Securities Markets | An Educational Initiative of SEBI
NISM is a leading provider of high-end professional education, certifications, training and research in financial markets. NISM Certification programs aim to enhance the quality and standards of professionals employees in various segments of financial services sector. NISM’s School of Certification of Intermediaries (SCI) develops and conducts certification examinations and Continuous Professional Education (CPE) programs that aim to ensure that professional meet the defined minimum common knowledge benchmark for various critical market functions like:
Mutual Funds
Equities
Derivatives
Securities Operations
Compliance
Research Analysis
Investment Advice
These Certifications and CPE Programs are being developed and administered by NISM as mandated under ‘Securities and Exchange Board of India (Certification of Associated Persons in the Securities Market) Regulations, 2007’. The Certifications creates quality market professionals and catalyzes greater investor participating in the markets. Certifications also provides structured career paths to students and job aspirants in the securities market.