NISM Series IV - The examination seeks to create a common minimum knowledge benchmark for persons working in the Interest Rate Derivatives market segment, in order to enable a better understanding of fixed income securities markets and interest rate derivative products, regulations and risks associated with the products and the exchange mechanisms of clearing and settlement.
1. Fixed Income and Debt Securities – Introduction
2. Interest Rate – Introduction
3. Return and Risk Measures for Debt Securities
4. Interest Rate Derivatives
5. Contract Specification for Interest Rate Derivatives
6. Trading, Clearing, Settlement and Risk Management
7. Regulation and Compliance
8. Trading and Hedging
