Nism X TaxmannS Equity Derivatives Delivering EndToEnd Coverage Of Equity Derivatives In IndiaCombining Conceptual Foundati

Equity Derivatives Offers A Structured And Comprehensive Approach To Understanding The Concepts, Mechanics, And Regulatory Frameworks Governing Equity Derivatives In India. It Seamlessly Blends Foundational Knowledge Of Derivatives With Current Market Practices, Regulatory Requirements, And Practical Trading Insights.This Book Is Intended For The Following Audience: Aspiring Equity Derivatives Professionals Individuals Preparing To Appear For The NismSeriesViii: Equity Derivatives Certification Examination Or Those Looking To Enter The Field Of Derivatives Trading Brokers, Dealers & Sales Personnel Professionals Working In Stockbroking, Proprietary Trading, Or Sales Roles Who Wish To Stay Updated On Operational And Regulatory Aspects Of Equity Derivatives Risk Managers & Analysts Market Participants Who Handle Risk Management Or Research Functions, Seeking More Profound Insight Into Trading Strategies, Payoff Structures, And The Clearing And Settlement Mechanism Students & Academics Individuals Pursuing Finance Or Commerce Programs And Researchers Aiming To Fortify Their Knowledge Of Indian Securities Markets And Equity Derivatives Investors & Market Enthusiasts Anyone Interested In Understanding How Equity Derivatives Can Be Employed For Hedging, Speculation, Or Arbitrage, Along With A Keen Grasp Of Associated Risks And RegulationsThe Present Publication Is The September 2025 Workbook Version, Developed In Collaboration With The Certification Team Of Nism And Dr Aparna Bhat. It Is Published Exclusively By Taxmann, With The Following Noteworthy Features: [Aligned To Nism Certification Requirements] Developed In Conjunction With The Securities And Exchange Board Of India (Sebi) Regulations, Ensuring Relevance And Alignment With The NismSeriesViii: Equity Derivatives Certification Examination [Comprehensive Coverage] Spans From Fundamental Concepts Of Derivatives And Market Architecture To Sophisticated Trading Strategies, Clearing And Settlement, Risk Management, And The Legal And Regulatory Environment [Lucid And Focused Content] Explains Complex Derivative Terminologies Concisely, Supported By Practical Examples, Illustrations, And Payoff Charts For Both Futures And Options [IndustryEndorsed And Reviewed] Jointly Created By NismS Certification Team, Stock Exchange Representatives, And Reputed Market Practitioners, Ensuring The Material Is Accurate And UpToDate [Practical Insights] Delves Into Hedging Strategies, Speculative Trading, Arbitrage Mechanisms, Margining Systems (Span), And Risk Management Practices, Equipping Readers With KnowHow That Is Immediately ApplicableThe Coverage Of The Book Is As Follows: Basics Of DerivativesO Evolution Of Derivatives In IndiaO Types Of Derivative Instruments (Forwards, Futures, Options)O Market Participants & Their Roles (Hedgers, Speculators, Arbitrageurs) Understanding IndexO Construction And Significance Of Stock IndicesO Major Indian Market Indices And Their AttributesO Applications Of Indices For Benchmarking And Trading Introduction To Forwards And FuturesO Forward Vs. Futures ContractsO Futures Pricing, Contract Specifications, And Payoff StructuresO Price Convergence And The Role Of Margin In Futures Introduction To OptionsO Call And Put Options: Moneyness, Intrinsic Value, Time ValueO Option Greeks (Delta, Gamma, Theta, Vega) And Implied VolatilityO Practical Examples Of Buying/Selling Calls And Puts Strategies Using Equity Futures And Equity OptionsO Trading Strategies For Hedging, Speculation, And ArbitrageO PutCall Parity And Its ApplicationsO DeltaHedging Techniques And Interpreting Open Interest Data Trading MechanismO Eligibility Criteria For Stocks & Indices To Be Traded In DerivativesO Order Types, Corporate Action Adjustments, And Trading CostsO Algorithmic Trading And Investor Risk Reduction Access (Irra) Clearing, Settlement, And Risk ManagementO Role Of Clearing Members And Clearing CorporationsO Span Margining System, MarkToMarket, And Position LimitsO Settlement Guarantee Fund, Investor Protection Fund, And Cybersecurity Legal And Regulatory EnvironmentO Key Regulations Under Scra And Sebi ActO Compliance Guidelines For Market IntermediariesO Standard Operating Procedure (Sop) For Exchange Outages And Defaults Accounting And Taxationo Accounting Practices For Derivative TransactionsO Tax Treatment For Profits/Losses From Derivative TradesO RecordKeeping And Reporting Obligations Sales Practices And Investor Protection Serviceso Risk Disclosure Documents & Client ProfilingO AntiMoney Laundering Procedures & Kyc RequirementsO Grievance Redressal Mechanisms And Regulatory Best PracticesThe Structure Of The Book Is As Follows: Introductory Chapters Provide The Basics Of The Indian Securities Market And Introduce The Concept Of Derivatives Core Chapters Cover InDepth Discussions Of Futures, Options, Derivatives Strategies, Regulations, And Risk Management, Ensuring Robust Knowledge For Exa