Programme on “An Overview of Indian Securities Markerts” for BSEC Officers

NISM has conducted 4-weeks programme for Bangladesh Securities and Exchange Commission (BSEC) officers on “An overview of Indian Securities Markets” from February 18- March 15, 2019 at NISM Campus, Patalganga. The participants comprised of 17 officials of BSEC working at the level of Assistant Director and Deputy Director.

Mr. Sunil Kadam (Registrar, NISM), inaugurated the program and addressed the participants.

The programme provided an overview of Indian Securities Markets by blending classroom teaching, hands on sessions and field visits.Total 69 sessions were conducted during the entire programme:

1) Classroom Sessions

2) Management Games

3) Hands on Session – Trading in Equity in Simulated Trading Environment

4) Hands on Session & Exchange Visits –Excel

The resource persons engaged during the training programme was a mix of NISM faculties, SEBI officials and market professionals. The following topics/areas were covered during the entire training programme are as follows:

Topics/AreaFaculty/ Resource Person
Powers & Functions of SEBI (SEBI Act ,1992)Mr.Jitendra Kumar ,NISM
SCRA&SCRRMr. Vishal Shukla ,NISM
History of Indian Securities MarketDr. Nitin Tike,NISM
Depositories Act, 1996Mr. Vishal Shukla ,NISM
Methodology of Regulations of Securities MarketMr.Jitendra Kumar ,NISM
Creative Accounting- I, IIDr. Abhay Nagale ,NISM
Companies Act,2013Dr. Rajesh Kumar ,NISM
An Overview of Securities Regulations in USA & Europe
Corporate GovernanceMr. Meraj Inamdar ,NISM
Fixed Income SecuritiesMr. Ritesh Nandwani,NISM
Indian Primary Market-I, IIMr. Ritesh Nandwani, NISM
Indian Secondary Markets – I, IIDr. Nitin Tike ,NISM
Mutual Funds-Mr. Jainendra Shandilya,NISM
Taxation in Securities MarketMr. S.Venugopal ,NISM
Commodities Derivatives Markets in IndiaDr. Narsimhulu Sidula,NISM
Overview of DerivativesMr. Hitesh Sethia
Operational Aspect of Futures
Operational Aspect of Options
Commodities & Currency derivatives
Market SurveillanceMr. Sunil Kadam (Registrar,NISM)
SCORESMr.S.Venugopal,NISM
Investigation at SEBI- I, IIMr.Jitendra Kumar,NISM
Financial LiteracyMr. Sukumaran (Dean SSC & SIFIL)
Listing obligations and disclosure Requirements – I, IIMr.M.Krishnamurthy,NISM
Case StudyMr. Sunil Kadam (Registrar,NISM)
Understanding of basic and intermediate functions in ExcelMr.Vijaybhan Pandey
Understanding of new features of excel (Sparklines,flashfill)-
Advance Excel (vlookup ,hlookup,if and or function )
Data Analysis (custom ,sort,advance,filter,pivot table ,mail merge from M.S.Word)
Portfolio Management SchemesMr. Jitendra Kumar,NISM
Private Equity & Hedge Funds, Alternate Investment FundsMr. Jainendra Shandilya,NISM
Collective Investment SchemesMr. Vishal Shukla ,NISM
Mergers &Acquisitions (Valuation, Role of Merchant Banker, Takeover Code, Restructuring)Mr. Jinesh Panchali
REITs & INVITs- I, IIMr. Ritesh Nandvani ,NISM
Understand the trading operations.Dr. Latha Chari,NISM
Exercise and learn the nuances of placing orders.
Understand the trading operations.
Exercise and learn the nuances of placing orders.
Concepts related to order and trade management.
Risk Management & debriefing.
Risk Management Framework for CCPs and Exchanges: Overview,Valuation & MTM, Asset Distribution, Volatility and Value-at-Risk (VaR)Mr.Rahul Ghosh
Scenario based Portfolio Margining (Framework & Demo) |Essential features required in Risk Management IT System
Back-testing, Stress-testing, Settlement Guarantee Fund (SGF) and other Margin Types.
Management GamesMr. Jitendra Kumar ,NISM
Mutual Fund & ETFMr. Piyush Gupta
Enquiry & Juridiction
Algo & HFT- I, IIMr.Hrishabh Sanghvi
FintechMs. Garima Choudhary
RTI , Secretarial board & SCRAVisit to SEBI
Overview,Clearing and Settlement of commodities marketsVisit to MCX
Investor Protection cellVisit to NSE
Recovery & EnforcementMr. D.V Shekhar,SEBI
Overview of BSEVisit to BSE
Clearing & Settlement process of exchangeVisit to BSE
Insider TradingDr. Rajesh Kumar,NISM
Behavioural FinanceMr.Jitendra Kumar,NISM
Overview of Commodities MarketsMr.P.K Bindlesh
Risk Management in AMCMr. Raghuvir Mukherji
Market Infrastructure InstitutionsDr. V.R .Narasimhan , Dean & Professor of  Practice.

Valedictory Session

The valedictory session on the last day i.e. March 15, 2019 was presided over by Dr. V.R .Narasimhan (Dean& Professor of Practice, NISM) who handed over the Certificate of Participation to all the participants. The program concluded and Dr. Rajesh Kumar proposed a Vote of Thanks on behalf of NISM-SRSS.