Equity Derivatives
Required for anyone dealing in the futures and options segment. Covers option strategies, margins and settlement mechanics.
Exam pattern
- Duration
- 120 min
- Total marks
- 100
- Pass mark
- 60% (60)
- Negative marking
- 25%
There is negative marking of 25% of the marks for that question, so a wrong answer costs you 0.25 marks on a 1-mark question. Guess only when you can eliminate at least two options.
Syllabus and chapter weightage
Weightages are taken from the official syllabus table published in the NISM workbook, so you can see exactly where the marks are.
- 1Basics of Derivatives10%
- 2Understanding Index5%
- 3Introduction to Forwards and Futures20%
- 4Introduction to Options20%
- 5Strategies using Equity Futures and Equity Options10%
- 6Trading Mechanism10%
- 7Clearing, Settlement and Risk Management10%
- 8Legal and Regulatory Environment5%
- 9Accounting and Taxation5%
- 10Sales Practices and Investor Protection Measures5%
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Every chapter explained in plain English, then tested at three levels, with mock exams that use this paper’s real marking rules.
Create a free accountFrequently asked questions
- What is the passing mark for NISM Series VIII?
- You need 60% to pass NISM-Series-VIII: Equity Derivatives. On a 100-mark paper that is 60 marks.
- Is there negative marking in NISM Series VIII?
- There is negative marking of 25% of the marks for that question, so a wrong answer costs you 0.25 marks on a 1-mark question. Guess only when you can eliminate at least two options.
- How long is the NISM Series VIII exam?
- The exam runs for 120 minutes and carries 100 marks in total.
- How long is the NISM Series VIII certificate valid?
- NISM certifications are generally valid for 3 years from the date of passing, after which they must be renewed. Confirm the current position on nism.ac.in before your certificate lapses.