Capital Market Dealers Module

Why should one take this course?

  • To understand the capital market trading operations of NSE
  • To understand the clearing, settlement and risk management processes
  • To know about the eligibility criteria for seeking membership at NSE
  • To learn the other important regulatory aspects

Who will benefit from this course?

  • Employees of Stock Brokers and Sub-Brokers
  • Students / Teachers / Investors
  • Employees of BPO/IT Companies
  • Anybody having interest in the Stock market operations

Test details

Duration : 105 minutes
No. of questions : 60
Maximum marks : 100, Passing marks : 50 (50%); There is negative marking for incorrect answers.
Certificate Validity : For successful candidates, certificates are valid for 5 years from the test date.

NSE's Examination Fees

Rs. 1,500/- (Rupees One Thousand Five Hundred only)

COURSE OUTLINE

AN OVERVIEW OF THE INDIAN SECURITIES MARKET
Market Segments, Key Indicators of Securities Market, Products & Participants, Market Segments & their Products and Reforms in Indian Securities Markets

TRADING MEMBERSHIP
Stock Brokers, NSE Membership, Surrender of Trading Membership, Suspension & Expulsion of Membership, Declaration of Defaulter, Authorised Persons, Sub-Brokers, Broker-Clients Relations, Sub-Broker-Clients Relations, Investor Service Cell & Arbitration and Code of Advertisement

TRADING
Introduction, Neat System, Market Types, Trading System Users Hierarchy, Local Database, Market Phases, Logging On, Log Off/Exit From the Application, Neat Screen, Invoking an Inquiry Screen, Order Management, Limited Physical Market, Block Trading Session, Retail Debt Market (RDM), Trading Information Downloaded to Members, Internet Broking, Co-Location and Wireless Application Protocol (WAP)

CLEARING, SETTLEMENT AND RISK MANAGEMENT
Introduction, Key Terminologies used in Clearing & Settlement Process, Transaction Cycle, Settlement Agencies, Clearing & Settlement Process, Securities & Funds Settlement, Shortages Handling, Risks in Settlement, Risk Management, International Securities Identification Number and Data & Report Downloads

LEGAL FRAMEWORK
SEBI (Intermediaries) Regulations, 2008, SEBI (Prohibition of Insider Trading) Regulations, 1992, SEBI (Prohibition of Fraudulent & Unfair Trade Practices relating to Securities Market) Regulations, 2003, The Depositories Act, 1996, Indian Contract Act, 1872 and Income Tax Act, 1961

FUNDAMENTAL VALUATION CONCEPTS
Time Value of Money and Understanding Financial Statements