5 of the publishers fs strictly prohibited, Foreword Nisa is leading provider of highend professions education cerieations, training anc research in lrancial mares. NISM engages In capac bulng ameng,stakeheders in the secures markets through professional eduction, frail Iteracy, enhancing tpwemance standard nd festering pole research. NISM work osely witha financial stor regulators inthe area of franca education [Nisa Certifeation programs alm to enhance the quality and standards of professionals employed in various segments of the fnancial services sector. NISM's School for Certification of ermadares (SC) develops and conducts certification examinations and Continuing Professional Education (CFE) copra that aim to ensure that professionals rect the defined minimum commen inouedge benchmark for vais etal market functions NSM certfeaton examination and educational programs cater to ferent segments of Intermeaials foeasng on varied product nes and funcional areas. NSM Ceriations have ettablchad lnowledge benchmarks fr various market praducts andfunctons ch a Eauites, Mutual Funds, Derivatives, Compliance, Operations, Advisory andResearch Nise certification examinations and talning programs provide astrctued learning lon andeareer path ostudents and job aspicants who wish to make a professional career in the Securties markets TM March 2022, NISM has certified nearly 25 lal neds through ts Certification Examinations and CPE Programs, Nise supports candids by proving lcd and focused workbooks that assist them in Understanding the subject and preparing for NIM! Bxarirations. The book covers basles of the currency derivatives, trading strategies using curreney futures and currency ction, clearing, settlomert and sk management as wallas the regulatory endcen ant In which the curency derivatives markets operate in nda. It willbe immensely useful to all thote whe want to have a beter understanding of various dervatives products vale in the exchange-traded currency dates markets in tn Director ‘The contents ofthis publeation do rot necessary constitute or Ip its endorsement, recommandstion, or fevering by the National Institute of Secures Markets (NSMY) or the Secures nd Exchange Boar of Ina (£8). This publiaton is meant fr general racing and educational purpose ony Thestatements/eiplanations/enceptsare of generalnatureandimay nothavetaizn ite count the particular objectve/ mave/ain/ need) circumstances of incividual user/ The publeation contains information, statements, opinions statis and materials that have been obtained from sources believed tobe relble and the publishers of thistle have made best efits to aveksany errs. However, publishers ofthis mate offer ne sunrantes and warranties of an hind tothe readers/users of thelnformation contained