Best Technical Analysis Training in Hyderabad : ASC NCFM Academy
Best Forex Trading Training in Hyderabad Ameerpet - ASC NCFM
AS Chakravarthy:
NISM Series I - Forex Trading Course Training in Hyderabad, Ameerpet: The Examination seeks to create a common minimum knowledge and benchmark for persons working in Foreign Exchange Derivatives and Exchange traded Currency Futures Segment. It helps to understand the Forex & Currency Markets (Exchange traded Currency future products) to improve better quality for giving investor service and risk control. ASC Academy is the Best Technical Analysis Training Institute in Hyderabadfor Forex trading Training in Hyderabad Ameerpet.
The current currency rate mechanism has evolved over thousands of years of the world commnity trying with various mechanism of facilitating the tradeof goods and services. Initially, the trading of goods and services was by better system where in goods were exchanged for each other. For example , a farmer would exchange wheat grown on his farmland with cotton with another farmer. Such system had its difficulties primarily because of non-divisibility of certain goods , cost in transporting such goods for trading and difficulty fof certain in valuing of services. For example , how does a dairy farmer exchange his cattle for few liters of edible oil or one kilogram of salt? The farmer has no way to divide the cattle! Similary, suppose wheat is grown in one part of a country and sugar is grown in another part of the country, the farmer has to travel long distance every time he has to exchange wheat for sugar. Therefore the need to have a common dedium of exchange resulted in the innovation of money .
People tried various commdities as the medium of exchange ranging from food items to metals. Amongst metals, gold and silver coins were most prominent and finally gold coins become the standard means of exchange. People would deposit gold/silver coins with banks and get a paper promising that value of that paper at any point of time would be equal to certain number of gold coins. This system of book entry of coins against paper was the start of paper currency.
India's strong and secure financial system has slowly transcended from becoming a highly regulated environment to a liberalized setup. Currency trading in India is a substantial contributor to the domestic economy due to its dimensions, frequency, and volume of trading. Since the economy consists of companies of all sizes, whatever that's great for the company straight fosters the national economy.
You might not have to open a Demat account. In the event of stocks and even in the event of commodities that this is quite straightforward. In technical parlance, this is referred to as a currency set. So from the currency markets in India, you efficiently trade money. India's economy has a solid foothold and is host to a number of global business giants due to the industry size, scope for invention, and soundness of the financial industry.
A.S.Chakravarthy NCFM Academy Hyderabad, Ameerpet is the Best Institute backed by 28 years real time market experience in NISM Series I - Forex Trading Course in Hyderabad, Ameerpet. The Best Institute for Currency Market, NCFM and NISM Course training in Hyderabad-ASC NCFM Academy Hyderabad.
List of Currency - Forex Contracts
(Trading Units-Quotation-Tick Size NSE & BSE)
Name of Exchanges: NSE and BSE
(Trading Session :Monday to Friday: 9.00 a.m. to 5.00 p.m.)
NCFM and NISM Course training in Hyderabad-ASC NCFM Academy
CHAPTER 1: INTRODUCTION TO CURRENCY MARKETS
1.1 BASIC FOREIGN EXCHANGE DEFINITIONS
1.2 EXCHANGE RATE MECHANISM
1.3 MAJOR CURRENCIES OF THE WORLD
1.4 OVERVIEW OF INTERNATIONAL CURRENCY MARKETS
1.5 ECONOMIC VARIABLES IMPACTING EXCHANGE RATE MOVEMENTS
CHAPTER 2: FOREIGN EXCHANGE DERIVATIVES
2.1 DERIVATIVES - DEFINITION
2.2 DERIVATIVE PRODUCTS
2.3 GROWTH DRIVERS OF DERIVATIVES
2.4 MARKET PLAYERS
2.5 KEY ECONOMIC FUNCTION OF DERIVATIVES
2.6 EXCHANGE-TRADED vs. OVER - THE - COUNTER DERIVATIVES
CHAPTER 3: EXCHANGE TRADED CURRENCY FUTURES
3.1 CURRENCY FUTURES -DEFINITION
3.2 FUTURES TERMINOLOGY
3.3 RATIONALE BEHIND CURRENCY FUTURES
3.4 DISTINCTION BETWEEN FUTURES AND FORWARD CONTRACTS
3.5 INTEREST RATE PARITY AND PRICING OF CURRENCY FUTURES
CHAPTER 4: STRATEGIES USING CURRENCY FUTURES
4.1 SPECULATION IN FUTURES MARKETS
4.2 LONG POSITION IN FUTURES
4.3 SHORT POSITION IN FUTURES
4.4 HEDGING USING CURRENCY FUTURES
4.5 TRADING SPREADS USING CURRENCY FUTURES
4.6 ARBITRAGE
CHAPTER 5: TRADING
5.1 CURRENCY FUTURES CONTRACT SPECIFICATION
5.2 TRADING PARAMETERS
5.3 TENORS OF FUTURES CONTRACT
5.4 TRADER WORKSTATION SCREEN (TWS)
5.5 ENTITIES IN THE TRADING SYSTEM
5.6 TYPES OF ORDERS
5.7 MARK-to-MARKET
5.8 POSITION LIMITS
CHAPTER 6: CLEARING, SETTLEMENT AND RISK MANAGEMENT
CHAPTER 7: REGULATORY FRAMEWORK FOR CURRENCY DERIVATIVES
7.1 SECURITIES CONTRACTS (REGULATION) ACT, 1956 [SC(R)A]
7.2 SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992
7.3 RBI-SEBI STANDING TECHNICAL COMMITTEE ON EXCHANGE TRADED
CURRENCY AND INTEREST RATE DERIVATIVES
7.4 FOREIGN EXCHANGE MANAGEMENT ACT, 1999 - PROVISIONS
7.5 REGULATORY FRAMEWORK FOR EXCHANGES
7.6 REGULATORY FRAMEWORK FOR CLEARING CORPORATIONS
7.7 GOVERNING COUNCIL OF THE EXCHANGE AND CLEARING CORPORATION
7.8 ELIGIBILITY CRITERIA FOR MEMBERS
CHAPTER 8: ACCOUNTING AND TAXATION
8.1 ACCOUNTING
8.2 TAXATION OF DERIVATIVE TRANSACTION IN SECURITIES
CHAPTER 9: CODES OF CONDUCT AND INVESTOR PROTECTION MEASURES
9.1 ADHERENCE TO SEBI CODES OF CONDUCT FOR BROKERS/ SUB-BROKERS
9.2 ADHERENCE TO CODES OF CONDUCT SPECIFIC TO ETCF SEGMENT
9.3 GRIEVANCE REDRESSAL MECHANISM FOR INVESTORS
Contact for Best Forex Trading Training in Hyderabad Ameerpet - ASC NCFM Academy Hyderabad
Online Trading Classes Training Institute in Hyderabad Address for Forex and Currency Market : AS Chakravarthy NCFM Academy Hyderabad - Stock Market Training Institute, 307, 3rd Floor, Annapoorna Block, Aditya Enclave, Ameerpet, near HMDA Maitrivanam, beside METRO Station, Ameerpet, Hyderabad, Telangana 500038.
