Need NCFM Derivative module questions

WOD

Well-Known Member
#24
i need ncfm derivative (dealer)module ques & ans model many
What is this NCFM; and does it stand any practical value........will you do better trading after passsing this exam?
 

Sunny1

Well-Known Member
#25
What is this NCFM; and does it stand any practical value........will you do better trading after passsing this exam?
iT IS A CERTIFICATE GIVEN BY NATIONAL STOCK EXCHANGE. VALID ONLY FOR 5 YEARS.
AND NO YOU CANT DO BETTER TRADING AFTER PASSING THIS. READ THAT CERTIFICATE IS MANDATORY FOR SOME JOBS. FOR MORE INFO SEARCH GOOGLE
 

WOD

Well-Known Member
#26
iT IS A CERTIFICATE GIVEN BY NATIONAL STOCK EXCHANGE. VALID ONLY FOR 5 YEARS.
AND NO YOU CANT DO BETTER TRADING AFTER PASSING THIS. READ THAT CERTIFICATE IS MANDATORY FOR SOME JOBS. FOR MORE INFO SEARCH GOOGLE
I dont think it is wise idea for a trader to do a job for others........We do trading because we want it to be independent of ogranization....
 

Sunny1

Well-Known Member
#27
I dont think it is wise idea for a trader to do a job for others........We do trading because we want it to be independent of ogranization....
ONLY WE TRADER SEE THIS AS PROFIT POINT OF VIEW. SO WHATEVER WE LEARN FROM THIS WE WILL TRY TO APPLY IN TRADING. BUT NOT ALL ARE BUSINESSMAN. MOST DONT HAVE BRAIN TO USE THE AVAILABLE KNOWLEDGE ON THEIR OWN . SUCH TYPE OF PEOPLE ARE ALWAYS IN THE JOB FOR OTHERS AND BEST SUITED THERE. THERE ARE MANY FINANCE TYPE JOBS ARE THERE LIKE BROKING , BANKING , INVESTMENT PLANNING AND GOES ON . NCFM IS COMPULSORY IN SUCH JOBS . SEE QUOTE FROM NSE WEBSITE

"Why NCFM?

The financial markets are going to be the turf of certified professionals very soon due to regulatory compulsions and/or initiatives of the industry. By imparting comprehensive knowledge and skill in the chosen field, NCFM enhances career opportunities for NCFM certified persons.

Some of these modules have regulatory sanctity. For example,

* It has been specified by SEBI that all brokers/dealers and sales persons in the derivatives market have to mandatorily obtain certification. Derivatives Market (Dealers) Module of the NCFM has been recognised by SEBI for the purpose.


* In order to improve the level of knowledge of market participants, only persons who have passed Capital Market (Dealers) Module of the NCFM are authorised to use the trading system of the National Stock Exchange.


* The National Securities Depository Limited has similarly prescribed that all the branches of the depository participants must have at least one person who has qualified the NCFM module on Depository Operations.


* SEBI recommends Surveillance Module for the officers working in surveillance departments of stock exchanges.


* SEBI has made it mandatory for all mutual funds to appoint agents/distributors who have obtained certification in AMFI - Mutual Funds Modules. The existing and new employees of mutual funds, particularly those who are involved in sales and marketing, are encouraged to pass the certification in AMFI - Mutual Funds Modules."
 
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WOD

Well-Known Member
#28
ONLY WE TRADER SEE THIS AS PROFIT POINT OF VIEW. SO WHATEVER WE FROM THIS WE WILL TRY APPLY IN TRADING. BUT NOT ALL ARE BUSINESS. MOST DONT HAVE BRAIN TO USE THE AVAILABLE KNOWLEDGE . SUCH TYPE OF PEOPLE ARE ALWAYS IN THE JOB FOR OTHERS AND BEST SUITED THERE. THERE MANY FINANCE TYPE JOBS ARE THERE LIKE BROKING , BANKING , INVESTMENT PLANNING AND GOES ON . NCFM IS COMPULSORY IN SUCH JOBS . SEE QUOTE FROM NSE WEBSITE

"Why NCFM?

The financial markets are going to be the turf of certified professionals very soon due to regulatory compulsions and/or initiatives of the industry. By imparting comprehensive knowledge and skill in the chosen field, NCFM enhances career opportunities for NCFM certified persons.

Some of these modules have regulatory sanctity. For example,

* It has been specified by SEBI that all brokers/dealers and sales persons in the derivatives market have to mandatorily obtain certification. Derivatives Market (Dealers) Module of the NCFM has been recognised by SEBI for the purpose.


* In order to improve the level of knowledge of market participants, only persons who have passed Capital Market (Dealers) Module of the NCFM are authorised to use the trading system of the National Stock Exchange.


* The National Securities Depository Limited has similarly prescribed that all the branches of the depository participants must have at least one person who has qualified the NCFM module on Depository Operations.


* SEBI recommends Surveillance Module for the officers working in surveillance departments of stock exchanges.


* SEBI has made it mandatory for all mutual funds to appoint agents/distributors who have obtained certification in AMFI - Mutual Funds Modules. The existing and new employees of mutual funds, particularly those who are involved in sales and marketing, are encouraged to pass the certification in AMFI - Mutual Funds Modules."

Thanks for sharing that information...very interesting :)
 
#29
ONLY WE TRADER SEE THIS AS PROFIT POINT OF VIEW. SO WHATEVER WE LEARN FROM THIS WE WILL TRY TO APPLY IN TRADING. BUT NOT ALL ARE BUSINESSMAN. MOST DONT HAVE BRAIN TO USE THE AVAILABLE KNOWLEDGE ON THEIR OWN . SUCH TYPE OF PEOPLE ARE ALWAYS IN THE JOB FOR OTHERS AND BEST SUITED THERE. THERE ARE MANY FINANCE TYPE JOBS ARE THERE LIKE BROKING , BANKING , INVESTMENT PLANNING AND GOES ON . NCFM IS COMPULSORY IN SUCH JOBS . SEE QUOTE FROM NSE WEBSITE

"Why NCFM?

The financial markets are going to be the turf of certified professionals very soon due to regulatory compulsions and/or initiatives of the industry. By imparting comprehensive knowledge and skill in the chosen field, NCFM enhances career opportunities for NCFM certified persons.

Some of these modules have regulatory sanctity. For example,

* It has been specified by SEBI that all brokers/dealers and sales persons in the derivatives market have to mandatorily obtain certification. Derivatives Market (Dealers) Module of the NCFM has been recognised by SEBI for the purpose.


* In order to improve the level of knowledge of market participants, only persons who have passed Capital Market (Dealers) Module of the NCFM are authorised to use the trading system of the National Stock Exchange.


* The National Securities Depository Limited has similarly prescribed that all the branches of the depository participants must have at least one person who has qualified the NCFM module on Depository Operations.


* SEBI recommends Surveillance Module for the officers working in surveillance departments of stock exchanges.


* SEBI has made it mandatory for all mutual funds to appoint agents/distributors who have obtained certification in AMFI - Mutual Funds Modules. The existing and new employees of mutual funds, particularly those who are involved in sales and marketing, are encouraged to pass the certification in AMFI - Mutual Funds Modules."
Very well written and of course informative.
 
#30
Very well written and of course informative.
its posted on NSE website.

I am currently preparing for NCFM derivatives. What i feel is that it is more skewed to the dealers part. It has more weightage on trading and settlement chapters than on actual concept of what is options and futures.

I am a finance student currently pursung my MBA in fin. I thought of giving this exam so as to gain some more about the concepts in derivatives , but it didnt even served this purpose.

Its similar to our course curriculum. Nothing extraordinary in the course curriculum.
 

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