Skill Subject: Financial Markets Management

Part B

• Unit 1: Introduction to Indian Securities Market and Trading Membership
• Unit 2: Trading
• Unit 3: Clearing and Settlement, Legal Framework
• Unit 4: Introduction to Derivatives
• Unit 5: Introductions to Futures and Options

Practical

Part C

• Project
• Viva
• Practical file/Portfolio / Power Point presentation
• Demonstration of Skill competency via Lab Activities

1. Introduction to Indian Securities Market and Trading Membership

• Market Segments
• Key Indicators of Securities Market
• Products and Participants
• Market Segments and their Products
• Reforms in Indian Securities Markets
• Stock Brokers
• NSE Membership
• Surrender of Trading membership
• Suspension & Expulsion of Membership
• Declaration of Defaulter
• Authorised Persons
• Sub-Brokers
• Broker-Clients Relations
• Sub-Broker-Clients Relations
• Investor Service Cell and Arbitration
• Code of Advertisement

2. Trading

• Introduction
• NEAT System
• Market Types
• Trading System Users Hierarchy
• Local Database
• Market Phases
• Logging On
• Log Off / Exit from the Application
• NEAT Screen
• Invoking an Inquiry Screen
• Order Management
• Internet Broking
• Co-location
• Wireless Application Protocol (WAP)

3. Clearing, Settlement and Legal Framework

• Introduction
• Key terminologies used in Clearing and Settlement Process
• Transaction Cycle
• Settlement Agencies
• Clearing and Settlement Process
• Securities and Funds Settlement
• Shortages Handling
• Risks in Settlement
• Risk Management
• Off-line Monitoring
• International Securities Identification Number
• Data and Report Downloads
• SEBI (Intermediaries) Regulations, 2008
• SEBI (Prohibition of Insider Trading) Regulations, 2015
• SEBI (Prohibition of fraudulent and Unfair Trade Practices relating to securities market) Regulations, 2003
• The Depositories Act, 1996
• Indian Contract Act, 1872
• Income Tax Act, 1961

4. Introduction to Derivatives

• Types of Derivative Contracts
• Basic Derivatives
• History of Financial Derivatives Markets
• Participants in a Derivative Market
• Economic Function of the Derivative Market
• Understanding Interest Rates
• Understanding The Stock Index
• Economic Significance of Index Movements
• Index Construction
• Desirable Attributes of An Index
• Applications of Index

5:. Introduction to Futures and Options

• Forward Contracts
• Limitations of Forward Markets
• Introduction to Futures
• Distinction between Futures and Forwards Contracts
• Futures Terminology
• Trading Underlying Vs Trading Single Stock Futures
• Futures Payoffs
• Pricing Futures
• Understanding Beta (β)
• Numerical Illustration of Applications of Stock Futures
• Hedging using Stock Index Futures
• Option Terminology
• Comparison between Futures and Options