NATIO

ONAL STOCK
S
EXCHA
ANGE OF INDIA
A LIMITE
ED
Depart
rtment : SB
BU-Educatio
on
NCFM
M COURS
SE OUTLINE

Equity D
Derivatives: A Beginnerr's Module

Introduction
n, Definition
n and Applic
cations of Derivatives
D
Definition an
nd origin of derivatives; D
Definitions of forwards; futures; optionns; Moneyness of an optio
on;
Participants in the deriva
atives markett and uses of
o derivatives.

Trading Futtures and Options

Pay-off of futures; Theorretical model for future prricing; Option
n payout andd strategies; Determinatio
on of
option pricess.

Derivatives Trading on the Exchan

nge
Derivatives trading
t
and settlement
s
on
n NSE; Using daily news
spapers to traack futures and
a options;
Accounting and
a taxation of derivative
es.

Regd.Offfice:Exchan
ngePlaza,Ba
andraKurlaCComplex,Bandra(E),Mu
umbai400 051Page 1 of 1