NISM-Series-VII: Securities Operations and Risk Management Certification Examination
Curriculum
I. INTRODUCTION TO THE SECURITIES MARKET
- INTRODUCTION
- SECURITIES MARKET
- MONEY MARKET
- PRODUCTS TRADED IN THE INDIAN SECURITIES MARKET
- INTERNATIONAL FINANCIAL SERVICES CENTRES (IFSC)
II. MARKET PARTICIPANTS IN THE SECURITIES MARKET
- INTRODUCTION
- INVESTORS
- ISSUERS
- MARKET STRUCTURE AND PARTICIPANTS
- REGULATORS
III. INTRODUCTION TO SECURITIES BROKING OPERATIONS
- INTRODUCTION TO THE SECURITIES TRADE LIFE CYCLE
- FRONT OFFICE OPERATIONS
- MIDDLE OFFICE OPERATIONS
- BACK OFFICE OPERATIONS
IV. RISK MANAGEMENT
- RISK MANAGEMENT
- COMPLIANCES AND REGULATORY REPORTING
- CORE SETTLEMENT GUARANTEE FUND
V. CLEARING PROCESS
- INTRODUCTION
- ROLE OF THE CLEARING CORPORATION
- CLEARING BANKS AND THEIR FUNCTION
- CLEARING MEMBERS AND CUSTODIANS
- DEPOSITORIES & DEPOSITORY PARTICIPANTS
- CLEARING PROCESS
- BETA VERSION OF T+0 ROLLING SETTLEMENT CYCLE ON OPTIONAL BASIS
VI. SETTLEMENT PROCESS
- INTRODUCTION
- DETERMINATION OF SETTLEMENT OBLIGATIONS
- SETTLEMENT OF FUNDS
- SETTLEMENT OF SECURITIES
- AUCTION OF SECURITIES
- CORPORATE ACTIONS ADJUSTMENT
VII. INVESTOR GRIEVANCES AND ARBITRATION
- INTRODUCTION
- INVESTOR GRIEVANCE
- ONLINE RESOLUTION OF DISPUTES IN THE INDIAN SECURITIES MARKET
- INVESTOR PROTECTION FUND
VIII. OTHER SERVICES PROVIDED BY BROKERS
- INTRODUCTION
- IPO APPLICATIONS
- TRADING OF MUTUAL FUND UNITS
- PORTFOLIO MANAGEMENT SERVICE
- RESEARCH REPORTS
- DEPOSITORY SERVICES
- MARGIN TRADING
- INTERNET BASED TRADING (IBT) & SECURITIES TRADING USING WIRELESS TECHNOLOGY (STWT)
- ANNEXURE 1: CODE OF CONDUCT FOR STOCK BROKERS