This book seeks to create a common minimum knowledge benchmark for trading members registered in the commodity derivatives segment of a recognized stock exchange. It also aims for the following:

• Better understanding of various derivatives products available in the commodity derivatives market

• Regulations and risks associated with the products

• Exchange mechanisms of trading, clearing and settlement

It will benefit all those who want to understand better various derivatives products available in Indian commodity derivatives markets.

The Present Publication is the May 2022 workbook version, published exclusively by Taxmann for NISM Certification Examination XVI [Commodity Derivatives], with the following noteworthy features:

• [Know the Basics] of Indian commodity derivatives markets

• [Understand] the following in detail:

o Various trading strategies that can be built using commodity derivatives

o Clearing, settlement and risk management related to commodity derivatives markets

o Operational mechanism related to commodity derivatives markets

• [Know the Regulatory Environment] in which commodity derivatives markets operate in India

The detailed contents of the book are as follows:

• Introduction to Commodity Markets

• Commodity Indices

• Commodity Futures

• Commodity Options

• Uses of Commodity Derivatives

• Trading Mechanism

• Clearing, Settlement and Risk Management of Commodity Derivatives

• Legal and Regulatory Environment

• Accounting and Taxation

• Code of Conduct and Investor Protection Measures