Eligibility Criteria and Requirements (Commodity Derivatives CPE)

(A)   Eligibility Criteria for NISM Commodity Derivatives CPE

General category

Any person holding any of the following Certificates

(a) NISM Series XVI: Commodity Derivatives Certification Examination (After October 11, 2019)

(b) NISM Series XVI: Commodity Derivatives Continuing Professional Education (After October 11, 2019)

(c) MCCP Certifications (MCX Commodity Professional) (Before October 11, 2019)

(d) NCDEX Institute of Commodity Markets and Research (NICR) – Commodity Trader Certification Course (Before October 11, 2019)

(e) NSE’s Certification in Financial Markets (NCFM) – Commodity Market Module (Before October 11, 2019)

And where the validity of such Certificate has not expired may attend NISM Series XVI: Commodity Derivatives CPE Program, on submission of the Required Documents (as mentioned in (B)).

Note: Candidates may attend the CPE Program not before twelve months prior to expiry of the said Certificate

Principal Category

Any person who is actively engaged in the management of an Intermediary’s securities business including supervision, solicitation, the conduct of business, and is a

a) Proprietor / Sole Proprietor

b) Partner / Managing Partner

c) Chairman

e) Executive Director

f) Whole-Time Director / Director

g) Chief Executive Officer,

may attend NISM Series XVI: Commodity Derivatives CPE Program under the ‘Principal Category’, on submission of the Required Documents (as mentioned in (B)).

Note: A person holding any of the Certificates, mentioned earlier, belongs to the ‘General’ Category irrespective of his/her designation.

Grandfather by Age Category

Any associated person, other than Principal, who has completed the age of 50 years as on October 11, 2019, may attend NISM Series XVI: Commodity Derivatives CPE Program under the ‘Grandfather by Age’ Category, on submission of the Required Documents (as mentioned in (B)).

Note: A person holding any of the Certificates, mentioned earlier, belongs to the ‘General’ Category irrespective of his/her age.

Grandfather by Experience Category

Any associated person, other than Principal, having work experience of 10 years or more as an approved user Person or sales personnel of the trading members of Commodity Derivatives Exchange or of the Commodity Derivatives Segment of a recognized stock exchange, as on October 11, 2019, may attend NISM Series XVI: Commodity Derivatives CPE Program under the ‘Grandfather by Experience’ Category, on submission of Required Documents (as mentioned in (B)).

Note: A person holding any of the Certificates, mentioned earlier, belongs to the ‘General’ Category irrespective of his/her experience.

(B) Required Documents for NISM Series XVI: Commodity Derivatives CPE

The following Documents need to be verified at the CPE venue for attending NISM Series XVI: Commodity Derivatives CPE Program:

General Category

1. Copy of PAN Card

2. Copy of a valid Certificate (any of the above mentioned)

 Principal Category

1. Copy of PAN Card

2. Proof of Designation (Click to Download the format)

3. Copy of Registration Certificate of the Intermediary

 Grandfather by Age Category

1. Copy of PAN Card

Grandfather by Experience Category

1. Copy of PAN Card

2. Proof of Experience (Click to Download the format)

3. Copy of Registration Certificate of the Intermediary (in which the Candidate is currently working) with SEBI / Exchange

Please note that Candidates are required to carry in original the above-mentioned Documents (under respective Categories) to the CPE venue for verification in order to obtain admission to the CPE Program.