Diploma in Currency Derivatives Market (DCDM)

Diploma in Currency Derivatives Market (DCDM)

Diploma in Currency Derivatives Market (DCDM)

Ahmedabad

Admission: OPEN

Diploma in Currency Derivative Market (DCDM)

Diploma in Currency Derivative Market (DCDM) course is certified analyst course to become acurrency trading research analyst along with hedging and arbitraging strategies in derivative segment. Currency derivative market module covers history, currency pair trading, future & options trading, their clearing systems and regulatory frameworks. Technical Analysis is a method of evaluating securities by relying on the assumption that market data, such as charts of price, volume, and open interest, can help predict future (usually short-term) market trends. It provides you tools for managing trading position, It is about generating tips & tricks for intra-day trading by using technical analysis It provides you intensive training on how securities, price of equities, commodities etc. behave and analyses the past behavior patterns of the markets and how to exploit that information to make money while avoiding losses. Unlike Fundamental Analysis, the intrinsic value of the security is not considered. Technical Analysts believe that they can accurately predict the future price of a stock by looking at its historical prices and other trading variables.

MODULE - 1

CURRENCY DERIVATIVE MARKET

01. INTRODUCTION TO CURRENCY MARKETS 

HISTORY OF FOREIGN EXCHANGE MARKETS

FOREX MARKET

MAJOR CURRENCY

WHAT A CURRENCY PAIR

WHAT IS TWO WAY QUOTES

APPRECIATION/DEPRECIATION

WHAT IS RBI REFERENCE RATE

SETTLEMENT DATE OR VALUE DATE 

OTC  FORWARD MARKET

WHAT IS CROSS RATE

IMPACT OF MARKET FACTORS

ECONOMIC INDICATORS

GDP

RETAIL SALES

INDUSTRIAL PRODUCTION

CONSUMER PRICE INDEX

NONFARM PAYROLLS

CENTRAL BANK MEETING AND KEY DECISIONS

02. FOREIGN EXCHANGE DERIVATIVES

DERIVATIVE DEFINATION 

CURRENCY DERIVATIVES

DERIVATIVE DEFINED IN RBI ACT

WHAT ARE DERIVATIVE PRODUCTS

FORWARD/FUTURE/OPTIONS

WHAT IS SWAPS 

INTEREST RATE SWAPS

CURRENCY SWAPS

PARTICIPANTS IN DERIVATIVE MARKET

SPECULATORS/HEDGERS/ARBITRAGEURS

ECONOMIC FUNCTIONS OF DERIVATIVE MARKETS

03. EXCHANGE TRADED CURRENCY FUTURES

HISTORY OF CURRENCY FUTURES IN INDIA

EXCHANGE TRADED CURRENCY FUTURES

FUTURES  TERMINOLOGY

SPOT PRICE

FUTURE PRICE

CONTRACT CYCLE

EXPIRY DATE

CONTRACT SIZE

INITIAL MARGIN

MTM MARGIN

RATIONALE BEHIND CURRENCY FUTURES

DISTINCTION BETWEEN FUTURE  AND FORWARD CONTRACTS

BENEFIT OF FUTURE TRADING

LIMITATIONS OF FUTURES

INTEREST  RATE PARITY AND PRICING OF CURRENCY FUTURES

04. STRATEGIES USING CURRENCY FUTURES

 

MARKET  PARTICIPANTS 

HEDGER

SPECULATOR

ARBITRAGEUR

WHAT IS PAYOFF

COMBINED POSITION OF  FUTURE  AND UNDERLYING 

PAYOFF CALCULATION

INVESTMENT IN ASSETS OUTSIDE INDIA AND REPATRIATION 

USE OF CURRENCY FUTURES BY SPECULATORS AND ARBITRAGEURS

SPREAD TRADING

LIMITATIONS OF CURRENCY FUTURES  FOR HEDGERS

05.TRADING IN CURRENCY FUTURES

CONTRACT SPECIFICATIONS OF CURRENCY FUTURES

TENOR OF FUTURE CONTRACTS

WHAT IS  TRADE WORK STATION

DISSEMINATION  OF OPEN, HIGH , LOW AND LTP

TRADER WORK STATION SCREEN

ENTITIES IN THE TRADING SYSTEM

ORDER TYPE AND CONDITIONS

TIME CONDITIONS

PRICE CONDITIONS 

OTHER CONDITIONS

PRICE LIMIT CIRCUIT FILTER

RULES , REGULATIONS AND BYE LAWS OF EXCHANGE

06.CLEARING, SETTLEMENT AND RISK MANAGEMENT

WHAT IS CLEARING 

WHAT IS SETTLEMENT

CLEARING ENTITIES

CLEARING MEMBER 

CLEARING BANK

CLEARING MECHANISM

REGULATION GUIDELINES ON OPEN POSITION LIMITS

SETTLEMENT MECHANISM

MTM SETTLEMENT

FINAL SETTLEMENT

RISK MANAGMENT MEASURES

WHAT IS CALENDAR SPREAD MARGINS

SURVEILLANCE

07. EXCHANGE TRADED CURRENCY OPTIONS

HISTORY OF CURRENCY OPTION

WHAT IS OPTION

OPTION TYPES

CALL OPTION / PUT OPTION

OPTION TERMINOLOGY

MONEYNESS OF THE OPTIONS

ITM/ATM/OTM

WHAT IS OPTION PREMIUM

INTRINSIC VALUE AND TIME VALUE

WHAT IS OPTION GREEKS

DELTA/GAMMA/THETA/VEGA

WHAT IS OPTION PAYOFF

OPTION TRADING STRATEGIES

LONG CALL/SHORT CALL

LONG PUT/SHORT PUT

BULL CALL SPREAD

BULL PUT SPREAD

BEAR CALL SPREAD

BEAR PUT SPREAD

LONG STRANGLE/SHORT STRANGLE

LONG STRADDLE/SHORT STRADDLE

SHORT BUTTERFLY

08. ACCOUNTING AND TAXATION 

NAME OF ACCOUNTS

INITIAL MARGIN CURRENCY FUTURES

MARK TO MARKET CURRENCY FUTURES

ACCOUNTING ENTRIES FOR LIVE POSITIONS

ACCOUNTING ENTRIES FOR EXPIRED OR CANCELLED POSITIONS

TAXATION OF CURRENCY DERIVATIVE

09.REGULATORY FRAMEWORK 

REGULATORY FRAMEWORK FOR CURRENCY DERIVATIVES

SCR(A), 1956

RBI-SEBI TECHNICAL STANDING COMMITTEE

THE TERMS OF REFERENCE TO THE COMMITTEE

FEMA, 1999

REGULATORY FRAMEWORK FOR EXCHANGES

REGULATORY FRAMEWORK FOR CLEARING CORPORATIONS

GOVERNING COUNCIL OF THE EXCHANGE AND CLEARING CORPORATION

ELIGIBILITY CRITERIA FOR MEMBERS

WHO CAN NOT BECOME A MEMBER

REQUIREMENT OF AUTORIZED PERSON /APPROVED USERS

10. CODE OF CONDUCT AND INVESTOR PROTECTION

CODE OF CONDUCT FOR BROKERS

GENERAL PRINCIPLES

TRADING PRINCIPLES

GENERAL GUIDELINES

GRIEVANCE REDRESSAL MECHANISM FOR INVESTORS

NATURE OF COMPLAINTS

ARBITRATION

MODULE - 2

TECHNICAL ANALYSIS  

CHAPTER 1

INTRODUCTON TO TECHNICAL ANALYSIS

WHAT IS TECHNICAL ANALYSIS?

PRICE ANALYSIS

THE BASIC ASSUMPTIONS

STRENGTHS & WEAKNESS OF T.A

CHAPTER 2

CANDLESTICKS AND TYPES OF CHART

 

LINE CHAT, BAR CHART, CANDLE CHART, RENKO CHART, POINT & FIGURE CHART ETC.

TYPES OF CANDLESTICKS AND ANALYSIS

HAMMER, INVERTED HAMMER, DOJI, HANGING MAN, SHOOTING STAR, ENGULFING PATTERNS, PIERCING PATTERNS

MORNING STAR, EVENING STAR, TASUKI GAP, TWEEZER PATTERNS, THREE WHITE SOLDIERS & BLACK CROW, THREE INSIDE IN & OUT

 

CHAPTER 3

CHART PATTERN STUDY

SUPPORT & RESISTANCE

PRACTICAL ANALYSIS OF SUPPORT & RESISTANCE

S & R ZONES AND REVERSAL LEVELS

TREND LINES & ITS APPLICATIONS

TREND LINES WITH DOW THEORY

HEAD & SHOULDERS AND INVERTED HEAD & SHOULDERS CHART PATTERNS

DOUBLE TOP & DOUBLE BOTTOM CHART PATTERNS

ROUNDING TOP & ROUNDING BOTTOMS CHART PATTERNS

CUP & HANDLE AND INVERTED CUP & HANDLE CHART PATTERNS

TRIPLE TOP & TRIPLE BOTTOM CHART PATTERNS

WEDGE PATTERNS, FLAG PATTERNS, PENNANT PATTERNS, TRIANGLE PATTERNS

CHAPTER 4

GAP THEORY

COMMON GAPS

BREAKAWAY GAPS

RUNAWAY/ CONTINUATION GAP

EXHAUSTION GAP

ISLAND CLUSTER GAP

CHAPTER 5

INDICATORS AND OSCILLATORS

WHAT ARE INDICATORS AND OSCILLATORS, WHAT THE OFFER?

TYPES OF INDICATORS

MOVING AVERAGES, EXPONENTIAL MOVING AVERAGE & USING BOTH TOGETHER

TREND FOLLOWING INDICATORS

VOLUME WEIGHTED AVERAGE PRICE(VWAP)

RELATIVE STRENGTH INDEX (RSI)

MOVING AVERAGE CONVERGENCE & DIVERGENCE (MACD)

STOCHASTICS OSCILLATORS (SLOW, FAST, FULL)

WILLIAMS %R, WILLIAM ALLIGATOR 

RATE OF CHANGE (ROC)

COMMODITY CHANNEL INDEX (CCI)

AVERAGE DIRECTIONAL INDEX (ADX)

AVERAGE TRUE RANGE (ATR)

MONEY FLOW INDEX (MFI)

BOLLINGER BANDS (BB)

ON BALANCE VOLUME (OBV)

FIBONACCI RETRACEMENT (FIB)

CHAPTER 6 

TRADING SIGNALS AND STRATEGIES USING ABOVE ALL

POSITIVE & NEGATIVE DIVERGENCES IN INDICATORS

OVERBOUGHT & OVERSOLD ZONES

PREDICTING THE MOMENTUM

PRICE & VOLUME SENSITIVE TECHNIQUES

HOW TO USE INDICATORS IN BULL & BEAR MARKETS?

TRADING MARKET TOOL KIT APPLICATIONS

ADVANTAGES OF DAY TRADING

RISKS ASSOCIATED WITH DAY TRADING

SWING TRADING, SCALPING, FADING, TOP BOTTOM STRATEGIES 

CHAPTER 7

DOW THEORY & ELLIOTT WAVE THEORY

INTRODUCTION TO DOW THEORY

PRINCIPLES OF DOW THEORY

SIGNIFICANCE & PROBLEMS OF DOW THEORY

INTO. ELLIOTT WAVE THEORY

PRACTICAL APPLICATION OF ELLIOTT WAVE THEORY WITH FUNDAMENTAL CONCEPTS

ELLIOTT WAVE LEVELS WITH FIBONACCI RETRACEMENTS

CRITICISM OF ELLIOTT WAVE THEORY

CHAPTER 8

TRADING PSYCOLOGY & RISK MANAGEMENT

INTRODUCTION

RISK MANAGEMENT AND ITS COMPONENTS

ANALYZE REWARD RISK RATIO, STOP LOSS, TRAIL STOP LOSS, BOOK PROFIT

QUALITIES OF SUCCESSFUL TRADERS

PSYCHOLOGIES DURING TRADING

CASE STUDIES

GOLDEN RULES OF TRADERS

DO’S & DON’TS IN TRADING

RULES TO STOP LOSING TRADING MONEY

CHOOSING THE PROFITABLE TRADES & STUDYING THE MARKET

IMPORTANCE OF DISCIPLINE IN TRADING

MODULE - 3

FUNDAMENTAL ANALYSIS 

CHAPTER 1

INTRODUCTION TO FUNDAMENTAL ANALYSIS

 

WHAT IS FUNDAMENTAL ANALYSIS?

WHY IS FUNDAMENTAL ANALYSIS RELEVANT FOR INVESTING?

EFFICIENT MARKET HYPOTHESIS(EMH)

ARGUMENTS AGAINST EMH

STEPS IN FUNDAMENTAL ANALYSIS

CHAPTER 2

BRUSHING UP THE BASICS

CONCEPT OF “TIME VALUE OF MONEY”

INTEREST RATES AND DISCOUNTS FACTORS

OPPORTUNITY COST, RISK FREE RATE, EQUITY RISK PREMIUM

THE BETA, RISK ADJUSTED RETURN (SHARPE RATIO)

CHAPTER 3

UNDERSTANDING FINANCIAL STATEMENTS

WHERE CAN ONE FIND FINANCIAL STATEMENTS

THE DIRECTORS REPORTS

THE AUDITORS REPORTS

FINANCIAL STATEMENTS, BALANCE SHEET, INCOME STATEMENTS, SCHEDULE NOTES & ACCOUNTS

CASH FLOW STATEMENTS

FINANCIAL STATEMENT ANALYSIS AND FORENSIC ACCOUNTING

COMPARATIVE AND COMMON SIZE FINANCIAL STATEMENTS

FINANCIAL RATIOS (PE, EPS, BV, PEG, EV, ROE, ROCE ETC...)

DU-PONT ANALYSIS

CASH CONVERSION CYCLE

THE SATYAM SCAM AND NEED OF FORENSIC ACCOUNTING

CHAPTER 4

VALUATION METHODOLIES 

 

TOP- DOWN VALUATION (EIC ANALYSIS)

DISCOUNTED CASH FLOW MODELS

DIVIDEND DISCOUNT MODEL 

FCFF & FDFE BASED DCF

SUM OF THE PARTS (SOTP)

PRICE/ EARNINGS RATIO

PRICE/ BOOK VALUE RATIO

ENTERPRISE VALUE/ EBITDA RATIO

PRICE/ SALES RATIO

SPECIAL CASES OF VALUATION

IPOS, FINANCIAL SERVICES, NET INTEREST MARGIN (NIM)

FIRMS WITH NEGATIVE CASH FLOWS, ACQUISITION VALUATIONS, DISTRESSED COMPANIES

WORKING ALL TOGETHER, CHECKLIST. 

 

We AreSpecialize In

Enquire Now