NISM Series XVI: Commodity Derivatives Certification Overview
The NISM Series XVI Commodity Derivatives Certification Examination establishes a standardized knowledge benchmark for individuals working as approved users or sales personnel with trading members in the commodity derivatives segment of recognized stock exchanges in India.
Purpose of the Examination
This certification aims to enhance candidates’ understanding of:
- Key derivative products in the commodity derivatives market.
- Associated regulations and risks.
- Mechanisms for trading, clearing, and settlement on exchanges.
Examination Objectives
Upon passing the NISM Series XVI exam, candidates will:
- Grasp the fundamentals of Indian commodity derivatives markets.
- Master trading strategies utilizing commodity derivatives.
- Understand the processes of clearing, settlement, and risk management, along with operational mechanisms in commodity derivatives markets.
- Be familiar with the regulatory framework governing commodity derivatives in India.
For further details, visit the official NISM website.
Assessment Structure
| Component | Details |
|---|---|
| Mode of Exam | Online (Computer-Based Test) |
| Language Options | English |
| Number of Questions | 100 |
| Type of Questions | Multiple Choice Questions (MCQs) |
| Total Marks | 100 |
| Marks per Question | 1 mark |
| Passing Criteria | 60% (minimum 60 correct answers) |
| Negative Marking | 25% of the marks assigned to the question |
| Exam Duration | 2 Hours (120 Minutes) |
| Exam Fee | Rs. 1,500 (inclusive of GST) + additional payment gateway charges |
| Result Declaration | Immediate upon exam completion |
| Certificate Validity | 3 Years from the date of passing |
| PAN Requirement | PAN must be updated in the candidate’s profile to apply |
| Exam Delivery Modes | Available at 150+ NISM test centers across India |
Syllabus Outline with Weightages
| Chapter No. | Chapter Name | Weightage (%) |
|---|---|---|
| 1 | Introduction to Commodity Markets | 10 |
| 2 | Commodity Indices | 5 |
| 3 | Commodity Futures | 15 |
| 4 | Commodity Options | 15 |
| 5 | Strategies using Commodity Futures & Options | 15 |
| 6 | Trading Mechanism | 10 |
| 7 | Clearing, Settlement, and Risk Management | 15 |
| 8 | Legal and Regulatory Environment | 5 |
| 9 | Accounting and Taxation | 5 |
| 10 | Codes of Conduct and Investor Protection Measures | 5 |
FAQs for NISM Series XVI: Commodity Derivatives Certification
The NISM Series XVI exam establishes a knowledge benchmark for professionals working as approved users or sales personnel in the commodity derivatives segment of recognized stock exchanges. It covers derivative products, regulations, and trading mechanisms. Prepare effectively with our NISM Series XVI mock tests.
The syllabus includes 10 chapters, such as Commodity Futures (15%), Commodity Options (15%), and Clearing, Settlement, and Risk Management (15%). See the full breakdown on the NISM website and practice with our NISM Series XVI mock tests to master the content.
You need a minimum of 60% (60 correct answers out of 100) to pass, with a 25% negative marking for incorrect answers. Boost your score with our NISM Series XVI mock tests.
Study the syllabus, focus on high-weightage topics like Commodity Futures and Options, and practice regularly. Our NISM Series XVI mock tests offer realistic practice questions to ensure you’re exam-ready.
The exam fee is Rs. 1,500 (inclusive of GST), plus additional payment gateway charges. Save time and money by preparing efficiently with our NISM Series XVI mock tests.
The exam is conducted online at over 150 NISM test centers across India. Get familiar with the computer-based test format using our NISM Series XVI mock tests.
The certificate is valid for 3 years from the date of passing. Stay prepared for recertification with our NISM Series XVI mock tests.
Our expertly designed NISM Series XVI mock tests at nismmocktests.in simulate the real exam with 100 MCQs, helping you practice and build confidence.
You must update your PAN details in your NISM profile to apply. Start your preparation today with our NISM Series XVI mock tests.
Results are declared immediately after exam completion. Ensure success on your first attempt with our NISM Series XVI mock tests.