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Capital Market (Dealers) Module (CMDM) (Intermediate)

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Capital Market (Dealers) Module (CMDM) (Intermediate) Exam


The NCFM Capital Market (Dealers) Module aims to equip candidates with valuable knowledge and practical skills essential for dealers in the equity market segment. It helps in:

  • Understanding capital market trading operations on the NSE.
  • Grasping the clearing, settlement, and risk management processes.
  • Familiarizing oneself with the eligibility criteria for NSE membership.
  • Exploring other significant regulatory aspects.


Who should take the exam?

The exam will benefit:

  • Employees of Stock Brokers and Sub-Brokers
  • Students
  • Teachers
  • Employees of BPO/IT Companies
  • Investors
  • Anybody having interest in the Stock market operations


Course Outline 

The Exam covers the given topics  - 

  • Topic 1: Overview of the Indian Securities Market
  • Topic 2: Understand Trading Membership
  • Topic 3: Overview of Trading
  • Topic 4:  Clearing and Settlement
  • Topic 5: Understand Legal Framework
  • Topic 6: Fundamental Valuation Concepts