NISM series-1, Currency Derivatives certification exam

Description

Here is a brief description about this course

1. History of Foreign Exchange Markets:

   • The book likely provides insights into the historical development of foreign exchange markets, tracing the evolution of currency trading over time

2. Major Currency Pairs:

   • It probably discusses the major currency pairs, explaining their significance and how they are traded in the foreign exchange market

3. International Currency Markets:

   • The book likely explores the global nature of currency markets, emphasizing how currencies are traded internationally

4. Basics of Currency Markets in India:

   • There seems to be a specific focus on the currency markets in India, covering the basics and peculiarities of trading in the Indian context

5. Settlement Date or Value Date:

   • The book may delve into the concept of settlement date or value date, which is crucial in currency trading for determining when a transaction is completed

6. OTC Forward Market:

   • The over-the-counter (OTC) forward market is likely discussed, providing insights into how forward contracts are traded outside of formal exchanges

7. Exchange Rate Arithmetic:

   • This suggests that the book covers the mathematical aspects of exchange rates, helping readers understand how these rates are calculated

8. Underlying Trade Contracts:

   • The book may elaborate on the underlying trade contracts that influence currency markets, explaining how real-world transactions impact currency values

9. Trading, Clearing, and Settlement Mechanisms:

   • It likely provides a detailed explanation of the mechanisms involved in trading, clearing, and settling currency transactions, possibly covering both traditional and derivative markets

10. Currency Derivatives Markets in India:

    • The regulatory environment of currency derivatives markets in India is discussed, providing readers with an understanding of the legal and regulatory framework

11. Investment Strategies using Currency Futures and Options:

    • The book may offer insights into basic investment strategies using currency futures and options, helping readers navigate these financial instruments

Overall, it seems like the book is designed to cater to both beginners and more advanced readers, aiming to equip them with the knowledge and skills necessary for successful currency trading. If you have any specific questions or if there's anything else you'd like to know, feel free to ask!

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