October 11, 2019
National Institute of Securities Markets
Communiqué/Press Release
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, hereby specifies the NISM-Series-XVI: Commodity Derivatives Certification Examination, as the requisite standard for associated persons functioning as approved users and sales personnel of the trading members who are registered as such in the commodity derivatives segment of a recognized stock exchange.
The NISM-Series-XVI: Commodity Derivatives Certification Examination, offered by NISM, will be available from October 18, 2019.
Details of NISM-Series-XVI: Commodity 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–
Sunil Kadam
Registrar
National Institute of Securities Markets
Enclosures: Annexure I and Annexure II
SEBI Circular for NISM-Series-V-D: Mutual Fund – Specialized Investment Fund Distributors Certification Examination dated July 21, 2026
NISM/Certification/NISM-Series-V-D: Mutual Fund – Specialized Investment Fund Distributors Certification Examination/2026/01 dated July 14, 2026
SEBI Circular for NISM-Series-XXV-B: Persons Associated with Investment Advice (Sales and Other Non-Core Services) Certification Examination dated June 24, 2026
NISM/Certification/ NISM-Series-XXV-B: Persons Associated with Investment Advice (Sales and Other Non-Core Services) Certification Examination/2026/01 dated May 18, 2026.
SEBI Circular for NISM Series XXV-A: Persons Associated with Research Services (Sales and Other Non-Core Services) Certification Examination dated March 11, 2026
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