This course offers a thorough introduction to the world of derivatives, focusing on their basics, the evolution of the derivatives market, and the intricacies of the Indian derivatives landscape. It is ideal for individuals looking to deepen their understanding of derivatives, their applications, and the legal and regulatory framework governing them.

Key Topics Covered:

• Basics of Derivatives:

Introduction to derivatives and their market history.
Explore the Indian derivatives market, key participants, and the significance of derivatives.

• Understanding Index:

Learn about stock market indices, their significance, and types.
Understand index management and major indices in India.

• Forward and Futures:

Introduction to forward and futures contracts, including payoff charts.
Understand futures pricing for commodities, equity, and indices.

• Introduction to Options:

Basics of options, option pricing, and Option Greeks.
Explore uses of options and various option trading strategies like spreads, straddle, and strangle.

• Trading Systems:

Overview of trading systems, criteria for stock and index selection, and corporate action adjustments.
Learn to track futures and options using daily newspapers.

• Clearing and Settlement:

Understand the clearing and settlement system, including risk management and margining under SPAN.

• Legal and Regulatory Environment:

Review the Securities Contracts (Regulation) Act, 1956, and the SEBI Act, 1992.
Learn about key regulations in trading, clearing, settlement, and major committee recommendations.

• Accounting and Taxation:

Basics of accounting and taxation in derivatives.
Practice problem-solving with relevant formulas and key takeaways.

• Sales Practices and Investor Protection:

Understanding client risk profiles, investor grievance mechanisms, and best practices for investor protection.