NISM/Certification/Series-XIII: COM/2014/01 dated December 9, 2014
NISM/Certification/Series-XIII: COM/2014/01 dated December 9, 2014
National Institute of Securities MarketsCommuniqué/Press ReleaseNISM-Series-XIII: Common Derivatives Certification ExaminationNISM/Certification/Series-XIII: COM/2014/01 dated December 9, 2014
In exercise of the powers conferred by sub-regulation (3) of Regulation 7 of the Securities and Exchange Board of India (Certification of Associated Persons in Securities Markets) Regulations 2007, National Institute of Securities Markets (NISM), in consultation with the Securities and Exchange Board of India, had specified the following certification examinations as the requisite standard for specified market segments:
(1) NISM-Series-I: Currency Derivatives Certification Examination as the requisite standard for the approved users and sales personnel of trading members of currency derivatives segments of recognized stock exchanges
[vide Communiqué/ Press Release NISM/Certification/Series-I: CD/2009/1 dated May 11, 2009]
(2) NISM-Series-IV: Interest Rate Derivatives Certification Examination as the requisite standard for the approved users and sales personnel of trading members who are registered as such in the currency derivatives segment of a recognized stock exchange and trading in interest rate derivatives
[vide Communiqué/ Press Release NISM/Certification/Series-IV: IRD/2010/1 dated May 18, 2010]
(3) NISM-Series-VIII: Equity Derivatives Certification Examination as the requisite standard 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
[vide Communiqué/ Press Release NISM/Certification/Series-VIII: ED/2012/01 dated September 20, 2012]
NISM now launches the NISM-Series-XIII: Common Derivatives Certification Examination encompassing the requisite standards of the above mentioned three derivatives examinations providing an “additional choice” to the candidates. Candidates who have passed the NISM-Series-XIII: Common Derivatives Certification Examination shall be deemed to have obtained the requisite standards as specified in the three Communiqués / Press Releases mentioned above.
The NISM-Series-XIII: Common Derivatives Certification Examination will be available from December 24, 2014.
Details of NISM-Series-XIII: Common Derivatives Certification Examination are given in Annexure-I and Annexure-II attached to this communiqué/press release.
The text of these Annexures and the registration details are available at www.nism.ac.in.– Sd –G. P. GargRegistrarNational Institute of Securities Markets Copy to:
- ED, MIRSD, SEBI
- CEO, BSE
- MD & CEO, MCX-SX
- MD, NSE
Enclosures:1. Annexure I 2. Annexure II
