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BSE
Derivatives is launching BSEs certification on Derivatives
Exchange (BCDE) Web-based online test, approved by the Securities
and Exchange Board of India (SEBI), at 50 Zed Career Academies of
Zee Interactive Learning Systems (ZILS) across the country. The
online test will provide convenience of place and time to capital
markets professionals involved in the derivatives trading such as
brokers, sub-brokers, dealers and salespersons in derivatives, mutual
funds, foreign institutional investors.
This
facility will enable the market participants to comply with the
SEBI guidelines, which state that at least two people should be
certified in institutions dealing with trading in derivatives.
Dilip
Mahapatra, chief executive officer, ZILS, says, ZILS is privileged
to partner with BSE in supporting their training endeavours to educate
the financial community on evolving trading products and platforms.
The scope of this partnership is immense, as SEBI has made it mandatory
for all brokers, sub-brokers, FIIs, derivative dealers, mutual funds
and all other institutions trading in derivatives to have atleast
two professionals certified in derivatives.
Candidates
who wish to take the fortnightly test can register themselves at
the nearest Zed CA centre. Certificates will be issued by BSE Training
Institute to successful students. Results are instantly declared
at the end of the exam with an analysis of the questions answered
and a graphic display of the users performance.
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