(NCFM) NSE’s Certification in Financial Markets / (NISM) National Institute of Securities Markets is a examination body, established by NSE and SEBI, the regulator for securities markets in India. NISM seeks to add to market quality through educational initiatives. It is an autonomous body governed by its Board of Governors. An international Advisory Council provides strategic guidance. It is engaged in developing certification examinations for professionals employed in various segments of the Indian securities markets. These examinations are being developed by NISM as mandated under SEBI (Certification of Associated Persons in the Securities Markets) Regulation, 2007. NCFM/NISM offers certifications in various modules, which tests the practical knowledge and skills required to operate in financial markets. Due to regulatory compulsions and also due to the initiatives of the market participants, the certification in certain modules is made mandatory for intermediaries entering in to financial markets.
Multi Commodity Exchange of India Ltd (MCX) is an independent commodity exchange. It was established in 2003 and is based in Mumbai. It was in 2009 the world’s sixth largest commodity exchange. MCX offers futures trading in bullion, ferrous and non-ferrous metals, energy, and a number of agricultural commodities (menthe oil, cardamom, potatoes, palm oil and others).
The Exchange focuses on providing commodity value chain participants with neutral, secure and transparent trade mechanism and formulating the quality parameters and trade regulations, in conformity with the regulatory framework. The Exchange has an extensive national reach, with over 2000 members, operations through more than 470,000 trading terminals (including CTCL), spanning over 1894 cities and towns across India. MCX is India’s leading commodity futures exchange with a market share of about 82.82 per cent in terms of the value of commodity futures contracts traded in 9M FY2014-15.
MCX has been continuously raising the bar through effective research and product development, intelligent use of information and technology, innovation, thought leadership and ethical business conduct.