NCFM commodity market program is the best program for those candidates who want to become full-time trader and investor because the opening and closing timing for the commodity market is 10:00 am to 11:30 pm, which benefits the trader to take and hold their position for a longer time. For intraday trader commodity market is the best place for making money.

Trading in the commodity market can be done only in futures and options segment because that commodity market is very volatile and high volume leads to high risk. That’s why before entering into this market one should have proper knowledge of derivative as well as technical analysis than only one can keep in mind his/her risk-reward ratio and leads to a higher probability of making profits.

In India, there are two types of markets for commodity trading one is MCX(Multi commodity exchange of India) and another is NCDEX (National commodity and derivative exchange of India). In MCX metals such as gold, silver, copper, nickel, zinc is traded. In NCDEX country’s crops such as turmeric, grain, cumin seeds are traded. The commodity market program is additionally a 100% job oriented program.

CERTIFICATIONS

1. Commodity Market Certification from SMTA
2. Commodity Market Module (NCFM Certificate)

Introduction to Commodity Derivative Market and Products, participants and Function

Defined Derivative Market, Commodity Market Participants (Hedgers, Arbitragers, and Speculator), OTC Derivative Market, Commodity Major Factors, Difference Between Commodity Derivative Market and Financial Derivative Market, Commodity Physical Settlement, Warehousing, Role of Commodity Exchange, National and Regional Exchanges, Global Commodity Market Exchange.

MCX and NCDEX Traded Platforms

Structure of MCX and NCDEX, NCDEX Products and Shareholders of NCDEX, Spot Price Polling and Outsourcing of Polling, Member of NCDEX and Capital Requirement, Government of India Securities, Clearing and settlement, Commodity Derivative Traded on NCDEX, Types of Contract, Hours of Trading and Quantity Variation, Opening and Closing Contract,

Instrument Available For Trading and Clearing and Settlement

Forward Contract, Advantage of Forward Market, Difference Between Futures and Forwards Contract, Overview of Option Market, Future and Option Market Terminology, Payoff for Future and Option Market, Difference Between Future and Option, Future and Option Market Hedging, Advantage and Limitation of Hedging, Short and Long Hedge, Commodity Future and Option Trading Cycle, Order Types and Trading Parameters, Commodity Derivative Market Lot Size, Margins For Trading In Futures And Options Market, Settlement Method, Types of the compulsory delivery contract, Margin at NCDEX and MCX

Regulatory Framework and Implications of Value Added Tax (VAT)

Forward Market Commission (FMC), Governing Trading On Exchange, Trading Member and Users, Trading Hours and Trading Cycle, Contract Expiration, Trading Parameters and Operation, Dematerialization, Final Expiry Date (FED), Clearing and Settlement Process, Procedure for Arbitration.

NCDEX Spot Exchange and Trading Process

NCDEX Spot Exchange, Electronic Online Spot Exchange, Commodity Market, Trading System of NSPOT, NSPOT Collaboration, Benefits of Farmers and Traders, Benefits to Future Exchange and Arbitrageurs.