This workbook has been developed to assist candidates in preparing for the National Institute of Securities Markets (NISM) Currency Derivatives Certification Examination. NISM-Series-I: Currency Derivatives Certification Examination seeks to create common minimum knowledge benchmark for associated persons functioning as approved users and sales personnel of the trading member of currency derivative segment of a recognized stock exchange.

The book covers basics of the currency derivatives, trading strategies using currency futures and currency options, clearing, settlement and risk management as well as the regulatory environment in which the currency derivatives markets operate in India.