Commodities Market

Why should one take this course?

  • To understand the difference between commodity and financial derivatives
  • To know the usage of commodity futures
  • To understand the pricing mechanism of commodity futures
  • To learn about the NCDEX trading platform, clearing and settlement operations
  • To know the regulatory framework and taxation aspects of the commodities market

Who will benefit from this course?

  • Students
  • Teachers / Researchers
  • Employees of BPO/IT Companies
  • Investors
  • Anybody having interest in the Commodities Market

Test details

Duration : 120 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. 1,800/- (Rupees One Thousand Eight Hundred only)

COURSE OUTLINE

INTRODUCTION TO DERIVATIVES
Introduction to Derivatives; types, Products, participants and functions; Exchange–traded versus OTC derivatives.

APPLICATION OF FUTURES & OPTIONS
Types of instruments (future, options)-Basics and Payoffs; Pricing commodity derivatives; Hedging, Speculation and Arbitrage.

COMMODITY DERIVATIVES
Difference between commodity and financial derivatives; Global and Indian commodities exchanges; Evolution of commodity market in India.

NCDEX PLATFORM
Structure of NCDEX; Exchange membership; Capital requirements; Commodities traded on NCDEX platform; Instruments available for trading; Pricing of commodity futures; Trading; Clearing, Settlement and Risk Management; Use of commodity futures in hedging, speculation and arbitrage.

REGULATORY FRAMEWORK & TAXATION ASPECTS
Rules governing commodity derivatives exchanges; Intermediaries, Investor grievances and arbitration, Implications of sales tax.