NATIONAL STOCK EXCHANGE OF INDIA LTD

NSE’s Certification in Financial Market’s (NCFM)

 CIRCULAR  

Download Reference No. NSE/NCFM/13889

Ref. No: NSE/NCFM/2010/134

January 11, 2010

Sub: Launch of Interest Rate Derivatives: A Beginner’s Module

“Interest Rate Derivatives: A Beginner’s Module” is being launched under NCFM with an aim to create a better understanding of interest rate derivatives and their trading.

The “Interest Rate Derivatives: A Beginner’s Module” test would contain 60 questions to be answered in 120 minutes. The passing percentage would be 50%. There would be no negative marking. The fees for the module would be Rs. 1500/- per test.

For on-line registration, payment of fees and enrollment for this module, candidates can log on to www.nseindia.com, under ‘NCFM Online’ link. On-line payment can be made by cash/credit card/debit card/net banking.

Alternatively, the prescribed registration form can also be collected from the nearest NSE office or it can be downloaded from our website www.nseindia.com. In case of offline registration, mode of payment would be demand draft only, payable at respective NSE branch office and drawn in favour of ‘National Stock Exchange of India Limited’.

It may be noted that this module would be considered as one of the qualifying modules for the Fee Discount Scheme as well as for NCMP certification.

This circular is effective from today.

For National Stock Exchange of India Ltd

Arup Mukherjee

Asst. Vice President (SBU-EDU Dept.)