Module 1: Introduction to Derivatives
Meaning of Derivatives, Types of Derivative Contracts, History of Financial Derivatives Markets, Exchange-traded Markets and OTC Markets, Participants in a Derivative Market: Hedgers, Speculators, and Arbitrageurs, Economic Function of Derivative Market, Overview of Indian Derivative Market
Module 2: Forwards and Futures
Forward Contracts-Meaning, Features, and Pricing; Limitations of forward markets, Introduction to Futures, Distinction between Futures and Forwards Contracts, Futures Terminology, Futures Payoffs, Pricing Stock Futures, Applications of Stock Futures
Module 3: Options Contracts, Mechanism and Applications
Option Terminology, Comparison between Futures and Options, Options Payoffs, Applications of Options, affecting Option Pricing, The Black Scholes Merton Model for Option Pricing, The Greeks: Delta, Theta, Gamma, Vega, and Rho
Module 4: Commodity Derivatives
Introduction, Meaning and Definitions of Commodity Derivatives, Financial Derivatives V/s Commodity Derivatives, Commodity Exchange, Role of Commodity Exchanges, Commodities Permitted for Trading.
Module 5: The Commodity Derivative Exchanges in India
NCDEX--Introduction, Meaning, and Structure, Spot Pricing Polling, Exchange Membership, Commodities Traded on the NCDEX Platform, Trading and Instruments of Trading, Clearing and Settlement System; MCX--Introduction, Meaning, and Structure.
Who Should Attend?
After completing this course and successfully passing the certification examination, the student will be awarded the “Derivatives and commodity Market” certification.
If a learner chooses not to take up the examination, they will still get a 'Participation Certificate'