The "NICR Commodity Trader certification course" is designed specifically for Registered Intermediary personnel (Proprietor / Sole Proprietor / Partner / Managing Partner/Chairman/ Whole Time Director/Executive Director / Director/Chief Executive Officer/Authorised persons or their approved user or Sales Executive/Authorised Users of CTCL terminals) operating on the NCDEX Platform to enable them to get an in-depth & detailed understand about the nitty-gritties of the business.
The course exposes the participants with the basic concepts of commodity trading, technical analysis, role played by speculators, arbitragers and hedgers, Exchange trading terminals and the concepts of settlement. This course will also upgrade their knowledge about the trading front end software used for trading on the Exchange platform.
The course enables the participants to become more familiar with physical markets and understand various concepts related to commodity trading. It also dives into the technicalities associated with trade and explains the various strategies that can be adopted. In a nutshell, this course will complete the transaction circle explaining all the steps leading up to the final settlement.
Topics Covered
The basics of Commodity Market.
Understanding derivatives.
The various products being traded.
Price analysis - concept & charts.
About the Exchange trading software - Nextra.
Types of margins and Risk Management Framework.
Settlement.
Procedure of addressing Investor grievances.
Program
NICR offers classroom training and certification under NICRs new Certification Program for Professionals (CPP) and caters the employed professionals of the Registered Intermediary.
Key points of the Program are:
Program will be delivered in a class-room format with a mixture of lectures and discussions.
One-day duration.
Conducted on pre announced dates as decided by NICR.
An online Exam will be conducted at the end of the Program and a NICR course completion Certificate will be issued to successful candidates with a validity for a period of three years from the date of the program.
Eligible Candidates has to bring their own Smart Phones/ Laptops with proper Internet access/connectivity for online examination.
Note:
This module is currently available to employees and who have applied through SEBI / EXCHANGE REGISTERED INTERMEDIARY.
Process in-detail are:
A. Submission of Program Enrolment Request through Registered Intermediary
Registered Intermediaries who wish to enrol their Eligible Employees for Certification Program for Professionals (CPP), for the Commodity Trader Certification Course, will have to submit details in Query Form:
*Eligible Employee/Candidate of the Intermediary are: as a Proprietor / Sole Proprietor / Partner / Managing Partner/Chairman/ Whole Time Director/Executive Director / Director/Chief Executive Officer/Member personal/ Authorised Persons or their approved user or Sales Executive/Authorised Users of CTCL terminals/ CTCL terminal Operator/Dealers of Registered Intermediary of recognized stock exchange(s)
** Preferred Venue, Batch Size and Day of Training
Venue:
At NCDEX premises: NICR will prefer six NCDEX offices at Mumbai, Delhi, Ahmedabad, Indore, Kolkata and Hyderabad to conduct the classroom training and program;
At Non-NCDEX Office locations: We will also offer the Registered Intermediary (who registers for 15 or more candidates) for Classroom training at their location/offices. The registered intermediary needs to ensure the availability/arrangement of the Training Room and Food/refreshments. The cost involved towards the same is to be borne by the Registered Intermediary.
The minimum Batch size will be 10 or more than 10 candidates at 6 NCDEX offices and will be 15 or more than 15 at Non-NCDEX office location
Training Day: The training and certification will be a one-day program. The date of the training may be mutually decided as per the Intermediary request and Trainers availability
The NCDEX Institute of Commodity Markets & Research (NICR) have the all exclusive right to finalize or reschedule the classroom Program Day, Batch and Location.
B. Submission of Document and Payment of the Fees
After successful enrolment, Registered Intermediary will have to email the following required documents at admindelhi.nicr@ncdex.com:
1.Scan Copy of following Documents
REGISTRATION CERTIFICATE OF THE INTERMEDIARY WITH SEBI / EXCHANGE (The file type should be PDF)
LETTER HEAD OF THE SEBI / EXCHANGE REGISTERED INTERMEDIARY duly signed by the COMPLIANCE OFFICER or the Director / Proprietor / Partner / HR Manager of the Intermediary containing the information of the Eligible Candidates who are currently employed with the said Registered Intermediary:
Scan Copy of Eligible Candidates Passport Sized Photograph with his/her name as file name (which will appear on the Certificate)
Scan Copy of Pan Card of the Eligible Candidates, with his/her name as file name (Self attested by Eligible Candidate and Verified by Registered Intermediarys Compliance Officer or Authorized person)(The file type should be JPEG)
2. Fees
Registered Intermediary will pay the required Fees, which is Rs.2500, plus applicable taxes per Eligible Candidate i.e. Rs 2950/- (Rs.2500+18% GST), in the mode and manner as provided in subsequent point no. 3 (Payment Facilitation) below.
NICR Bank details will be emailed to the Intermediary for the payment through NEFT or RTGS
No bulk/batch discounts applicable for the Professional program
The Payment / Fees Includes
Course registration fees
Start of Authorize Period (Maximum. six months after payment confirmation)
Classroom Training for a Day (including Lunch & Refreshments at NCDEX office location)
User ID and password for Certification
Exam Assessment fees- Only one attempt
Course Certification- successful completion of exam
Help Desk access over e-mail
This fee does not cover anything other than those listed above. Specifically, it does not cover:
Internet access charges
Provision/Providing of PC/Laptop/Mobile for Online examination.
Lunch and refreshment at Non-NCDEX office locations i,e, not at NCDEX offices at Mumbai, Delhi, Ahmedabad, Indore, Kolkata and Hyderabad.
Fees once paid, will not be refunded under any circumstance
The Intermediary shall provide the payment reference number/UTR number to NICR (through email) to track the payment.
After Successful submission of application form and payment, NICR require two working days for Payment confirmation.
Post receipt of fees, Invoice will be provided through email by NICR
NICR will offer the course and schedule for the program within six months from the date of payment of the course fee. The Authorize Period is Six-month period which starts from date of Payment confirmation. It is the maximum period in which Intermediary candidates has to attend the program and appeared for exam.
C. Other Policies with Terms and Conditions
NICR will make every effort to ensure that Certification Exam registration and scheduling information are properly processed, and that Certification examinations are properly prepared, handled, administered, and scored. In the unlikely event that an error occurs in the preparation, handling, processing, administration, or scoring of Certification examination, or in the reporting of Certification scores, NICR will make reasonable efforts to correct the error.
NON-DISCLOSURE AGREEMENT AND GENERAL TERMS OF USE FOR EXAMINATIONS DEVELOPED FOR THE NCDEX INSTITUTE OF COMMODITY MARKETS AND RESEARCH.
This examination is confidential. The examinee, is undertaking the examination, solely for the purpose of becoming certified in technical area referenced in the title of this examination. You are expressly prohibited from disclosing, publishing, reproducing or transmitting the examination, , the content, data & module therein in whole or in part, in any form or by any means, verbal or written, electronic or mechanical, for any purpose, without the prior express written permission of NCDEX Institute of Commodity Markets and Research.
Any attempt to impersonate, to copy answers or to indulge in any other malpractice during the Exam or while filling in the application, would not only lead to immediate or later revocation of scores but may also lead to prosecution. Detection of any such malpractice at any stage including after the Exam is conducted, may lead to disqualification and revocation of Exam scores and certification by NICR.
Under no circumstances may any part of the Exam content viewed during a Exam administration be removed, reproduced, and/or disclosed in any form by any means (for example, verbally, in writing, or electronically) to any person or entity at any time. This includes, but is not limited to, discussing or disclosing such Exam content via e-mail; in any Internet chat room message board, or other forum; or otherwise. This disclosure prohibition applies before, during, and after any administration of the NICR Certification examination.
This document is only informative in nature and provides details of the Certification Program for Professionals (CPP). The eligible candidates, who are interested to opt for this Course can follow the procedure provided herein above. This document is not an offer document for anyone to avail the said Certification Program for Professionals (CPP).
All disputes in this regard are subject to the legal jurisdiction of Courts in Mumbai, India.
D. Classroom Training Day
The program will start on 10 AM with following Schedule:
10:00 AM - 10:30 AM : Attendance & Tea
10:30 AM - 01:30 PM - 6 Session of Training (Each of Half Hour Lecture, Discussions and Q& A’s)
01:30 PM - 02:00 PM - Lunch
02:00 PM - 03:00 PM - 2 Session of Training (Each of Half Hour Lecture, Discussions and Q& A’s)
03:00 PM - 03:30 PM - Tea
03:30 PM - 04:30 PM - Certificate Examination (1-hour duration, 50 Questions of 1 marks each, No Negative marking, 50% Passing marks)
Assessment
On the Program day, NICR system will send automated notification (email / SMS alert) to the candidate with his application form number and other details.
Internet Web-link based exam, required internet of 1 Mbps speed.
Device Agnostic
Duration -1 Hour
Type of Question: Objective
Number of Question: 50 Questions of 1 marks each (Total 50 Marks Exam)
Negative Marking: No
Passing Criteria: 50%
The candidate has to appear for an examination hosted on the website itself.
Candidate has to take examination at the Program, on the training day itself.
Only one complete certification Exam is permitted to each candidate.
Certificate
The issuance of certification will be done after checking and verifying the submitted answer. The NCDEX Institute of Commodity Markets & Research (NICR) have all rights to cancel Candidates Certification.
Successful candidates will be issued a Certificate by NICR, which will be valid for three years from the date of the examination.
The successful candidates can access his/her Certificate on the dashboard within a timeframe of a two working days after the end of the exam window.
Contact Us
In case of any assistance, drop in an email to admindelhi.nicr@ncdex.com and helpdesk.nicr@ncdex.com or call us at 011-66114848 or Toll Free No: 1800 266 2339 / 1800 103 4861.
E-Learning
Certification Courses
|
Online Examination At Your Location
About
The NICR Commodity Certification Course is a
definitive training program that has proved invaluable to
anybody interested in commodities and those indirectly
linked to the markets. It is a complete guide to the
ins-and-outs of the commodities futures marketplace. The
course ensures that you thoroughly understand the unique
rules and market practices for commodity trades, market
operations and structure, products, trading terminology,
besides fundamental and technical analysis of individual
commodities.
Is this course for you?
This course is suitable for you if you have little or
no knowledge of commodity futures trading and exchange
operations and want to learn how this market can add value
to your business and to the economy. The added advantage is
that you can learn at your own pace.
Objective
This programme intends to help the participants:
Become familiar with commodities and futures
contracts, volume and open interest and other factors
unique to the futures markets
Understand the unique rules and market practices
for online commodity exchanges, clearing, deliveries and
the related physical market ecosystem
Learn how to read market reports, fundamental
statistics, seasonal patterns and more in order to find
the right commodity and the right market condition.
Understand the benefits of hedging with futures
Understand basic trading principles
Intended Participants
Students interested in pursuing a career in
financial market
Investors already engaged in the equity market and
wishing further to explore the commodities market
Brokers, authorized person, dealers, member
personnel
Back-office and mid-office staff
Bankers
Corporations in the commodity supply value chain
Commodity research analysts
Chartered accountants inspecting and auditing
brokerage firms
Small investors and HNIs
Career scope
As a Commodities Analyst /Trader/ Relationship
Manager in:
Broking firms
Commodities trading houses
Knowledge Process outsourcing - Research Analyst
Banks - Derivatives/ Commodities Trader
As a Trading Member in an exchange.
Benefits for Organizations
Organizations will benefit from employees with NICR
Commodity certification who have a clear understanding of
how the commodity derivatives market operates and how its
core services of pricing, hedging and delivery can benefit
the company.
Topics Covered
Basics of Commodity Markets
Pricing of futures
Basic principles of trading
Fundamental approach to price analysis of
commodities
Technical approach to price analysis of
commodities
Trading strategies
Functioning and regulation of exchanges
Process flow of a transaction on the exchange
Underlying markets in commodities
Exchange-traded Forward contracts
Course Outline
Introduction to Commodity Derivatives: This will
introduce the learner to commodity markets and commodity
derivatives, besides key concepts that form the base of
commodity trading.
Understanding Commodity Markets
Understanding Derivatives
Global Commodity Exchange
Pricing of Futures
Basic Principles of Hedging, Speculation and
Arbitrage: Commodity Price Analysis & Exchange Trading
Strategies. This will focus on commodity price analysis
and trading strategies on the exchange.
Price Analysis of Commodities- Fundamental
approach
Price Analysis of Commodities-Technical approach
Speculation & Arbitrage strategies
Hedging Strategies
Functioning and Regulation of Exchange
Exchange transactions
Settlement
The underlying Market in Agricultural
commodities
The underlying Market in Non-Agricultural
Commodities
Summary
Online books specially written and published by
NICR
Since the applicants are from different walks of
life and of different age group and qualification, efforts
have been made to confine the study materials which can be
easily read and understood.
There are model questions at the end of every
chapter for self-assessment before proceeding to the next
chapter.
Candidate can schedule the examination of his
convenience.
Exams can be configured for 24X7 availability.
Course fee structure
Per candidate fee for the Certification course is
Rs.1700 (Rupees One Thousand Seven Hundred only), plus
applicable taxes.
Any Educational Institution which sponsors bulk
applications of minimum 20 candidates from their Institute
at one instance, will be eligible for a concessional
course fee. To avail this facility, the institute should
mail to admindelhi.nicr@ncdex.com or
helpdesk.nicr@ncdex.com with list of candidates and their
email IDs.
Fees once paid, will not be refunded under any
circumstances.
After Successful submission of application form
and payment, NICR require one day for Payment
confirmation.
And after payment confirmation, system will send
automated notification (email / SMS alert) to the
candidate with his application form number and other
details.
Candidate are required to complete the course and
schedule for the Test within six months from the date of
payment of the course fee. The Authorize Period is Six
month period starts from date of Payment confirmation. It
is the maximum period in which candidate has to take test.
Candidates are required to complete the course and
schedule/take the Test within the maximum six months from
the date of payment of the course fee.
The Payment / Fees Includes
Course registration fees
Start of Authorize Period ( Max. six month after
payment confirmation)
Course study materials consisting the access of
online-secured books
User ID and password to access the secured course
content
Exam Assessment- Only one attempt
Course Certification- After successful exam
Help Desk access over e-mail
This fee does not cover anything other than those
listed above. Specifically, it does not cover:
Internet access charges
Provision of PC for free Tutorial on the website
Any coaching for the Certification Course.
Exam
The examination will be an online proctored based
exam at your location
The candidate has to appear for an examination
hosted on the website itself.
Candidate can take examination at their
convenience. The selected place should be in a walled
room, with a closed door and without distractions.
Only one complete certification test is permitted
to each candidate.
Assessment structure
Duration: 2 Hours
Pattern of questions: 90 multiple choice based
questions of 1 marks each.
To pass the examination, you will need to
correctly answer at least 50% of the questions.
There will be no negative marking for wrong
answers.
Candidate is able to see the result immediate
after the completion of exam.
Those who fail to clear the exam will have to
register again as a fresh candidate following the same
process. There will be no retake of the Test for the
candidates who have scored less than the cut off mark.
They have to register again as a fresh candidate following
the same process.
NICR Online Examination Instructions and Policies
with Terms and Conditions (Click Here)
NICR Online Examination System Requirement with Do
and Don't (Click Here)
NICR Online Examination At Your Location-Help
Video (Click Here)
Certificate
The issuance of certification will be done after
verifying the images captured during proctored exam. If
images shows any unfair way of examination, the NCDEX
Institute of Commodity Markets & Research (NICR) have the
all right to cancel candidate certification.
The successful candidates can access his/her
certificate on the dashboard within a timeframe of a few
days after the end of the exam window.
Successful candidates will be issued a Certificate
by NICR, which will be valid for three years from the date
of the examination.
In case of any assistance, drop in an email to
admindelhi.nicr@ncdex.com and helpdesk.nicr@ncdex.com or
call us at 011-66114848 or Toll Free No: 1800 26 62339.
About
The NICR "Technical Analysis for Agricultural Commodities" course is designed specifically for any person with almost no prior knowledge about the subject. This basic course content is designed in such a way that it provides an starting platform for the students as well as market participants who want to start learning technical analysis. Further it was kept in mind that the course should not be too lengthy for beginner rather it should be short and precise enough to hold the interest of the candidates.
The course exposes the candidates with the basic concepts of technical analysis, basic assumptions and tools of technical analysis, and type of charts. It also covers the candlestick patterns appearing from a single or more than one candles. How to measure the targets. Further, it covers the most basis indicators used in technical analysis. It also explains few of the basis terminology in the glossary segment.
Is this course for you?
This course is suitable for you if you have little or no knowledge of technical analysis and want to learn the basics of the same. The added advantage is that you can learn at your own pace.
Intended Participants
Students interested in pursuing a career in financial market.
Anyone wishing further to explore the commodities market.
Brokers, authorized person, dealers, member personnel.
Corporations in the commodity supply value chain.
Commodity research analysts.
Small investors and HNIs.
Career scope
As a Commodities Technical Analyst in:
Broking firms.
Commodities trading houses.
Knowledge Process outsourcing - Research Analyst
Banks - Derivatives/ Commodities Trader
Topics Covered
The basics of Commodity Market.
Introduction
Tools of Technical Analysis
Assumption of Technical Analysis
Technical Analysis with Candlesticks - One, Two & Three Candle Patterns.
Technical Analysis with Candlesticks - Trend, Support and Resistance.
Technical Analysis with Candlesticks - Multiple Candle Patterns.
Technical Analysis with Candlesticks - Indicators.
Glossary
Summary
Online books specially written and published by NICR. Efforts have been made to keep study materials easy to understand.
There are model questions at the end of every chapter for self-assessment before proceeding to the next chapter.
Candidate can schedule the examination of his convenience.
Exams can be configured for 24X7 availability.
Course fee structure
Per candidate fee for the Certification course is Rs.1000 (Rupees One Thousand only), plus applicable taxes.
Any Educational Institution which sponsors bulk applications of minimum 20 candidates from their Institute at one instance, will be eligible for a concessional course fee. To avail this facility, the institute should mail to admindelhi.nicr@ncdex.com or helpdesk.nicr@ncdex.com with list of candidates and their email IDs.
Fees once paid, will not be refunded under any circumstances.
After Successful submission of application form and payment, NICR require one day for Payment confirmation.
And after payment confirmation, system will send automated notification (email / SMS alert) to the candidate with his application form number and other details.
Candidate are required to complete the course and schedule for the Test within six months from the date of payment of the course fee. The Authorize Period is Six month period starts from date of Payment confirmation. It is the maximum period in which candidate has to take test. Candidates are required to complete the course and schedule/take the Test within the maximum six months from the date of payment of the course fee.
The Payment / Fees Includes.
Course registration fees
Start of Authorize Period ( Max. six month after payment confirmation)
Course study materials consisting the access of online-secured books
User ID and password to access the secured course content
Exam Assessment- Only one attempt
Course Certification- After successful exam
Help Desk access over e-mail
This fee does not cover anything other than those listed above. Specifically, it does not cover:
Internet access charges
Provision of PC for free Tutorial on the website
Any coaching for the Certification Course.
Exam
The examination will be an online proctored based
exam at your location
The candidate has to appear for an examination
hosted on the website itself.
Candidate can take examination at their
convenience. The selected place should be in a walled
room, with a closed door and without distractions.
Only one complete certification test is permitted
to each candidate.
Assessment structure
Duration: 1 Hours.
Pattern of questions: 25 multiple choice based questions of 2 marks each.
To pass the examination, you will need to
correctly answer at least 50% of the questions.
There will be no negative marking for wrong answers.
Candidate is able to see the result immediate
after the completion of exam.
Those who fail to clear the exam will have to
register again as a fresh candidate following the same
process. There will be no retake of the Test for the
candidates who have scored less than the cut off mark.
They have to register again as a fresh candidate following
the same process.
NICR Online Examination Instructions and Policies
with Terms and Conditions (Click Here)
NICR Online Examination System Requirement with Do
and Don't (Click Here)
NICR Online Examination At Your Location-Help
Video (Click Here)
Certificate
The issuance of certification will be done after
verifying the images captured during proctored exam. If
images shows any unfair way of examination, the NCDEX
Institute of Commodity Markets & Research (NICR) have the
all right to cancel candidate certification.
The successful candidates can access his/her
certificate on the dashboard within a timeframe of a few
days after the end of the exam window.
Successful candidates will be issued a Certificate
by NICR, which will be valid for three years from the date
of the examination.
In case of any assistance, drop in an email to
admindelhi.nicr@ncdex.com and helpdesk.nicr@ncdex.com or
call us at 011-66114848 or Toll Free No: 1800 26 62339.
About
The "NICR Commodity Trader certification course" is
designed specifically for the DEALERS / AUTHORISED PERSONS
operating on the NCDEX Platform. Dealers can understand the
nitty-gritties of the business in great details. This
course will upgrade their knowledge about the trading front
end software used for trading on the Exchange platform.
Objective
Objective of this course is to understand the basic
concepts of commodity trading, technical analysis, role
played by speculators, arbitragers and hedgers, Exchange
trading terminals and also the concepts of settlement.
Benefits
Become more familiar with physical markets and
understand various concepts related to commodity trading.
It also dives into the technicalities associated with trade
and explain the various strategies that can be adopted. In
a nutshell, this course will complete the transaction
circle explaining all the steps leading up to the final
settlement.
Topics Covered:-
The basic of commodity market.
The different products being traded.
Price analysis - concept & charts
About the Exchange trading software - Nextra.
Types of margins and Risk management
Procedure of addressing Investor grievances.
Intended Participants
Students interested in pursuing a career in
financial market
Brokers
Authorized person
Dealers
Member personal
Course Fees Structure
Per candidate fee for the Certification course is
Rs.1500 (Rupees One Thousand Five Hundred only), plus
applicable taxes.
Any Educational Institution which sponsors bulk
applications of minimum 20 candidates from their Institute
at one instance, will be eligible for a concessional
course fee. To avail this facility, the institute should
mail to admindelhi.nicr@ncdex.com or
helpdesk.nicr@ncdex.com with list of candidates and their
email IDs.
Fees once paid, will not be refunded under any
circumstances.
After Successful submission of application form
and payment, NICR require one day for Payment
confirmation.
And after payment confirmation, system will send
automated notification (email / SMS alert) to the
candidate with his application form number and other
details.
Candidate are required to complete the course and
schedule for the Test within six months from the date of
payment of the course fee. The Authorize Period is Six
month period starts from date of Payment confirmation. It
is the maximum period in which candidate has to take test.
Candidates are required to complete the course and
schedule/take the Test within the maximum six months from
the date of payment of the course fee.
The Payment / Fees Includes
Course registration fees
Start of Authorize Period ( Max. six month after
payment confirmation)
Course study materials consisting the access of
online-secured books
User ID and password to access the secured course
content
Exam Assessment- Only one attempt
Course Certification- After successful exam
Help Desk access over e-mail
This fee does not cover anything other than those
listed above. Specifically, it does not cover:
Internet access charges
Provision of PC for free Tutorial on the website
Any coaching for the Certification Course.
Exam
The examination will be an online proctored based
exam at your location
The candidate has to appear for an examination
hosted on the website itself.
Candidate can take examination at their
convenience. The selected place should be in a walled
room, with a closed door and without distractions.
Only one complete certification test is permitted
to each candidate.
The test will consist of 100 multiple-choice
questions to be answered in 120 minutes.
There will be no negative marking for wrong
answers.
To pass the examination, you will need to
correctly answer at least 50% of the questions.
Candidate is able to see the result immediate
after the completion of exam.
Those who fail to clear the exam will have to
register again as a fresh candidate following the same
process. There will be no retake of the Test for the
candidates who have scored less than the cut off mark.
They have to register again as a fresh candidate following
the same process.
NICR Online Examination Instructions and Policies
with Terms and Conditions (Click Here)
NICR Online Examination System Requirement with Do
and Don't (Click Here)
NICR Online Examination At Your Location-Help
Video (Click Here)
Certificate
The issuance of certification will be done after
verifying the images captured during proctored exam. If
images shows any unfair way of examination, the NCDEX
Institute of Commodity Markets & Research (NICR) have the
all right to cancel candidate certification.
The successful candidates can access his/her
certificate on the dashboard within a timeframe of a few
days after the end of the exam window.
Successful candidates will be issued a Certificate
by NICR, which will be valid for three years from the date
of the examination.
In case of any assistance, drop in an email to
admindelhi.nicr@ncdex.com and helpdesk.nicr@ncdex.com or
call us at 011-66114848 or Toll Free No: 1800 26 62339.
Origins of Options
Option have been used in commodities since ancient times.
The first historical transaction in options was done by the ancient Greek mathematician and philosopher - Thales of Miletus,
who exercised 'option' (a right) to rent out a certain number of olives at a much higher price than the initial purchase price.
Exchange traded options started in 1973 as a part of the financial instrument class.
Today, over-the-counter options like bilateral,
customised contracts between a single buyer and seller are in existence as well.
However, in the Indian commodities market, option derivative was launched recently.
What is Commodity Option?
Commodity option is a financial derivative instrument better suited for risk-averse groups like
farmers as there is no margin calls for buying options.
It serves as an efficient tool to hedge and speculate by limiting the risk factors.
Options, when used along with the spot and futures,
can help develop an efficient risk management strategy for various market participants.
Options - Is it your cup of
tea?
Options are not at all intimidating as
they may sound. Rather, they are easy to understand.
The NICR's Options Certification Course will
help you learn options in a simple and easy way.
What will you learn in the
NICR's Options Certification Course?
NICR, a non-profit educational institution dedicated to
promoting research and awareness in the commodity market
runs the Options Certification Course encompassing
following three modules:
Course Outline
□ Module 1:
Beginners(English/Hindi)
A beginner's module, designed to
impart basic know how on options – meaning, utility and
practical use of options.
Understand basic options
terminologies.
Understand how options are
different from futures and their payoff profile.
Understand the intuition behind
pricing of options using simple analogies.
Basic understanding of realised
volatility, implied volatility and the Black Scholes
Model.
□ Module 2:
Intermediate (English/Hindi)
This being the module for
students who have some basic understanding on options
Understand risk factors in options
(sensitivities or option Greeks).
Understand different strategies to
lower the risk and earn profit.
Summary
Since the applicants are from different walks of life and of different age group and qualification,
efforts have been made to confine the study materials which can be easily seen and understood.
In Hindi courses the video voice-over is in Hindi and examination is in Hindi. However,
Registration form and Certificate is in English language for the Hindi courses.
Candidate can schedule the examination of his convenience.
Exams can be configured for 24X7 availability.
Course fee structure:
Per candidate fee for the Certification course are
Any Educational Institution sponsoring applications of minimum 20 candidates from their Institute at one instance,
will be eligible for a concessional course fee. To avail this facility,
the institute should mail the details such as list of candidates and their email IDs to
admindelhi.nicr@ncdex.com or helpdesk.nicr@ncdex.com.
Fees once paid, will not be refunded under any circumstances.
And after payment confirmation, system will send automated notification (email / SMS alert) to the candidate with his application form number and other details.
Candidate are required to complete the course and schedule for the Test within six months from the date of payment of the course fee.
The Authorize Period is Six-month period starts from date of Payment confirmation.
The Payment / Fees Includes
Course registration fees.
Start of Authorize Period.(Max. six month after payment confirmation)
Course video materials consisting the access of online-videos.
User ID and password to access the secured course content.
Exam Assessment- Only one attempt.
Course Certification- After successful exam.
Help Desk access over e-mail.
This fee does not cover anything other than those listed above. Specifically, it does not cover:
Internet access charges.
Provision of PC for free Tutorial on the website.
Any coaching for the Certification Course.
Exam & Assessment
The examination will be an online proctored based exam at your location.
The candidate has to appear for an examination hosted on the website itself.
Candidate can take examination at their convenience.
The selected place should be in a walled room, with a closed door and without distractions.
Only one certification test is permitted to each candidate.
Duration: 2 Hours.
Pattern of questions: 90 multiple choice based questions of 1 marks each.
To pass the examination, you will need to correctly answer at least 50% of the questions.
There will be no negative marking for wrong answers.
Candidate is able to see the result immediate after the completion of exam.
Those who fail to clear the exam will have to register again as a fresh candidate following the same process.
NICR Online Examination Instructions and Policies
with Terms and Conditions (Click Here)
NICR Online Examination System Requirement with
Do and Don't (Click Here)
NICR Online Examination At Your Location-Help
Video (Click Here)
Certificate
The issuance of certification will be done after verifying the images captured during proctored exam. If images shows any unfair way of examination,
the NCDEX Institute of Commodity Markets & Research (NICR) have the all right to cancel candidate certification.
The successful candidates can access his/her certificate on the dashboard within a timeframe of a few days after the end of the exam window.
Successful candidates will be issued a Certificate by NICR, which will be valid for three years from the date of the examination.
In case of any assistance,drop in an email to admindelhi.nicr@ncdex.com and helpdesk.nicr@ncdex.com or call us at 011-66114848 or Toll Free No: 1800 26 62339.
Online-
Recorded Certification Courses
The Online Recorded courses are certification courses
that have been authored by Kredent Infoedge Pvt.Ltd, and are
being conducted by them as well. The certifications are being
jointly offered by NICR and Kredent.
|
About
The "NCDEX Certified Introduction to Commodities
Market Module" online course will build your understanding
of global and Indian commodity market. This course gives
you basic understanding of derivatives and teaches you the
pricing mechanism of futures. You will be introduced to
basic principles of hedging, speculation and arbitrage,
which are used by various stake-holders for risk
management. This course introduces you with major global
and Indian commodity exchanges and emphasizes on their
operations and practices, clearing, settlement and delivery
procedures, and regulatory and legal framework.
Professionals and students after completion of this
programme will get a strong head start for moving to more
complex aspects of commodity trading.
Objective
This programme intends to help the participants:
Simplify the complexities in commodity derivatives
market
Understanding commodity trading ecosystem and
standard procedures
Get a clear picture of hedging, speculating and
arbitrage practices
Understand how to manage risk through hedging
strategies
Topics Covered
Basics of Commodity Markets
Understanding Derivatives
Global Commodity Exchanges
Commodity trading eco-system
Pricing of Futures contract
Basic Principles of Hedging , Speculation and
Arbitrage
Course Outline
Section 1 : Introduction to Commodities
Section 2 : Introduction to Derivatives
Section 3 : Commodity Exchanges
Section 4 : Pricing of Derivatives
Section 5 : Hedging and Risk Management
Section 6 : Test
Intended Participants
Students interested in pursuing a career in
financial market
Investors already engaged in the equity market and
wishing further to explore the commodities market
Brokers, authorized person, dealers
Back-office and mid-office staff
Bankers
Corporations in the commodity supply value chain
Commodity research analysts
Chartered accountants inspecting and auditing
brokerage firms
Introduction to Technical Analysis online course will
help you in a step-by-step manner to understand and
implement the various facts of basic commodity technical
analysis. Considering the volatile price fluctuations in
agri-commodities, it is always an added advantage to be
able to gauge and analyse these price movements and benefit
from them. Technical Analysis is an effective methodology
which, if understood well, can be useful to trade both the
trending and range-bound market. Our commodity technical
analysis course has been prepared after a very meticulous
review of market behavior and volatility of agri
commodities.
Objective
This programme will enable the participants:
To understand the dynamic price movements of
agri-commodity market with the help of technical analysis
To gain expertise on various methods and tools to
detect the pulse of the markets and determine the trend in
which the prices are moving.
To develop the skills of commodity analysis and
build their own trading strategies
Topics Covered
Philosophy of Technical Analysis
Relationship between Price and Time
Volume and Open Interest
Basics of Dow Theory
Basic concepts of Trendlines Support& Resistances
Reversal and Continuation Patterns
Basics of Gap Theory
Introduction to Indicators and Oscillators
Course Outline
Section 1 : Philosophy of Technical Analysis
Section 2 : Rationale of Technical Analysis
Section 3 : Types of Charts
Section 4 : Define UP & DOWN Trend
Section 5 : Role of Volumes
Section 6 : Dow Theory
Section 7 : Reversal Patterns
Chapter 1 : Reversal Patterns
Section 8 : Continuation Patterns
Section 9 : Anatomy of a Candlestick
Section 10 : Candlestick Patterns
Section 11 : Introduction to Technical Indicators
Section 12 : Moving Averages
Section 13 : RSI & Stochastics
Section 14 : Bollinger Bands
Section 15 : Trading Strategies
Section 16 : Test
Intended Participants
Students interested in pursuing a career in
financial market
Traders and jobbers
Investors already engaged in the equity market and
wishing further to explore the commodities market
The "NCDEX Certified Fundamental Analysis of
Commodities" online course will build your understanding of
fundamental analysis of commodity market. This course gives
you detailed idea of the process of fundamental analysis of
various commodities. You will be introduced to the concept
of fundamental analysis and build your knowledge on various
methodologies used for that.
Objective
This programme intends to help the participants:
To build understanding on framework of fundamental
analysis
To help the participants in getting a wholistic
concept of various economic and non-economic factors that
influence commodity prices
To enable the learner to build elementary models
to asses downside or upside possibilities/risk of price
movement based on the market dynamics
To grow a strong understanding of inter-relation
between various asset classes
Topics Covered
Basic Significance of Fundamental Analysis
Classification of Commodities
Factors Affecting Commodities
Analytical Techniques
Commodity Baskets
Correlation Between Commodities
Interrelation between Other Asset Classes and
Commodities
Course Outline
Section 1 : Basic Significance of Fundamental
Analysis
Section 2 : Classification of Commodities
Section 3 : Factors Affecting Commodities
Section 4 : Analytical Techniques
Section 5 : Guar Complex
Section 6 : Correlation Between Commodities
Section 7 : Interrelation between Other Asset
Classes and Commodities
Section 8 : Test
Intended Participants
Students interested in pursuing a career in
financial market
Investors already engaged in the equity market and
wishing further to explore the commodities market
Brokers, authorized person, dealers
Back-office and mid-office staff
Bankers
Corporations in the commodity supply value chain
Commodity research analysts
Chartered accountants inspecting and auditing
brokerage firms
This trading strategy course is completely practical
oriented and based on real scenarios in NCDEX agricultural
commodities market. This module requires you to have basic
understanding of technical analysis and derivatives to
fully understand and explore the trading strategies
discussed here. The trading strategies discussed in the
module are your first gateway to the real world of NCDEX
agri commodity market and as an analyst or trader. You will
be able to build your own strategies as you gain
experience.
Objective
This trading strategy course is completely practical
oriented and based on real scenarios in NCDEX agricultural
commodities market. This module requires you to have basic
understanding of technical analysis and derivatives to
fully understand and explore the trading strategies
discussed here. The trading strategies discussed in the
module are your first gateway to the real world of NCDEX
agri commodity market. You should be able to build your own
strategies as you gain experience.
Topics Covered
Technical entry and exit strategies in 1 and 5
minute time frames using NCharts
Technical entry and exit strategies in 30 minute
time frames using NCharts
Spread trading
EDD data, stock data, future price data, Bhav
copy, delivery data published by NCDEX
Arrival data published by agmarknet website
Pair trading in agri-commodities
Course Outline
Section 1 : Introduction
Section 2 : Indicators used in Technical Strategy
Section 3 : Technical Strategy
Section 4 : Strategy Module Spread And Pair
Strategy
Section 5 : Test
Intended Participants
Jobbers and traders of Agri-commodities
Trading algorithm developers
Students interested in pursuing a career in
financial market
Investors already engaged in the equity market and
wishing further to explore the commodities market
NCDEX Certified Commodity Market Professional
certification is a comprehensive programme to prepare you
for a career in commodity market. This course specializes
on agricultural commodities traded in NCDEX. In this
certification programme you will undergo training in
various aspects of commodity market starting from very
basics to how commodity markets function, to technical
and fundamental analysis. You are introduced to the
concept of derivatives and after all the basic knowledge
you go deep into real market trading strategies based on
fundamental and technical tools.
Under this course "NCDEX Certified Commodity Market
Professional", the participant will be required to appear
for two examinations, a) internal examination and
b) certification examination. Please note that the
participant will get the Certificate by NICR only after
successfully clearing both the examinations.
Objective
This course is perfectly designed to expose a
potential learner to research and trading in agri
commodity market:
From the research perspective the learner will
know both the fundamental and technical factors that
drive the commodity price movements
From trading or trading strategy development
perspective the participant will learn to utilize the
basic knowledge about fundamental aspects and technical
indicators to form effective trading strategies
Topics Covered
Section 1: Introduction to Commodities Market
Basics of Commodity Markets
Understanding Derivatives
Global Commodity Exchanges
Commodity trading eco-system
Pricing of Futures contract
Basic Principles of Hedging , Speculation and
Arbitrage
Section 2: Introduction to Technical Analysis
Philosophy of Technical Analysis
Relationship between Price and Time
Volume and Open Interest
Basics of Dow Theory
Basic concepts of Trend Lines Support &
Resistances
Reversal and Continuation Patterns
Basics of Gap Theory
Introduction to Indicators and Oscillators
Section 3: Fundamental Analysis in Commodity Market
Basic Significance of Fundamental Analysis
Classification of Commodities
Factors Affecting Commodities
Analytical Techniques
Commodity Baskets
Correlation Between Commodities
Interrelation between Other Asset Classes and
Commodities
Section 4: Agri Trading Strategies
Basics of important technical indicators
Technical entry and exit strategies in 1 and 5
minute time frames using NCharts
Technical entry and exit strategies in 30 minute
time frames using NCharts
Spread trading
EDD data, stock data, future price data, Bhav
copy, delivery data published by NCDEX
Arrival data published by agmarknet website
Pair trading in Agri-commodities
Course Outline
Section 1 : Introduction to Commodities Market
Chapter 1 : Introduction to Commodities
Chapter 2 : Introduction to Derivatives
Chapter 3 : Commodity Exchanges
Chapter 4 : Pricing of Derivatives
Chapter 5 : Hedging and Risk Management
Chapter 6 : Test
Section 2 : Introduction to Technical Analysis
Chapter 1 : Philosophy of Technical Analysis
Chapter 2 : Rationale of Technical Analysis
Chapter 3 : Types of Charts
Chapter 4 : Define UP & DOWN Trend
Chapter 5 : Role of Volumes
Chapter 6 : Dow Theory
Chapter 7 : Reversal Patterns
Chapter 8 : Continuation Patterns
Chapter 9 : Anatomy of a Candlestick
Chapter 10 : Candlestick Patterns
Chapter 11 : Introduction to Technical
Indicators
Chapter 12 : Moving Averages
Chapter 13 : RSI & Stochastics
Chapter 14 : Bollinger Bands
Chapter 15 : Trading Strategies
Chapter 16 : Test
Section 3 : Fundamental Analysis of Commodities
Chapter 1 : Basic Significance of Fundamental
Analysis
Chapter 2 : Classification of Commodities
Chapter 3 : Factors Affecting Commodities
Chapter 4 : Analytical Techniques
Chapter 5 : Guar Complex
Chapter 6 : Correlation Between Commodities
Chapter 7 : Interrelation between Other Asset
Classes and Commodities
Chapter 8 : Test
Section 4 : Agri Trading Strategies
Chapter 1 : Introduction
Chapter 2 : Indicators used in Technical
Analysis
Chapter 3 : Technical Strategy
Chapter 4 : Strategy Module Spread And Pair
Strategy
Chapter 5 : Test
Intended Participants
Students interested in pursuing a career in
financial market
Investors already engaged in the equity market
and wishing further to explore the commodities market
Brokers, authorized person, dealers
Small investors and HNIs
Back-office and mid-office staff
Bankers
Corporations in the commodity supply value chain
Commodity research analysts
Chartered accountants inspecting and auditing
brokerage firms
