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ZILS-BSE tie-up for online certification tests

ITP News Network/Mumbai

BSE Derivatives is launching BSE’s 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 user’s performance.

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