This book seeks to create a common minimum knowledge benchmark for associated persons functioning as approved users and sales personnel of the trading member of an equity derivatives exchange or equity derivative segment of a recognised stock exchange.

This book covers the following topics:

• Basics of Equity Derivatives
• Trading Strategies using Equity Futures and Equity Options
• Clearing, Settlement and Risk Management
• Regulatory Environment in which Equity Derivatives operate in India

This book will be helpful for all those who want to understand better various derivatives products available in the Indian equity derivatives markets.

The Present Publication is the May 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination VIII [Equity Derivatives], with the following coverage:

• Basics of Derivatives
• Understanding the Index
• Introduction to Forwards and Futures
• Introduction to Options
• Strategies using Equity Futures and Equity Options
• Trading Mechanism
• Introduction to Clearing and Settlement System
• Legal and Regulatory Environment
• Accounting and Taxation
• Sales Practice and Investor Protection Services