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CSE Institute of Capital Market.

                        The Institute promoted by Cochin Stock Exchange Ltd., aims to reach the investors by conducting educational and awareness programmes on basics and fundamentals of investment, Capital Market operations, mechanisms to minimize risks and loss, dematerialization of shares and operations of Depositories, margin systems, and investor protection etc. As the only recognized functional Stock Exchange in the State it is incumbent on CSE to educate the existing and potential investors to remove their apprehensions about the Capital Market investment.

 

SEBI has made it mandatory to have qualified and certified staff to conduct respective operations in Capital Market, Depository and Derivatives in each of the Broker’s/Intermediaries’ offices.

 

Faculty:

 

Fortunately, CSE has a wealth of qualified professionals to take these challenges and the Institute exploits the services of these Members. The Institute also seeks the help of other professionals who are experts in relevant subjects and fields of operations.

 

Certificate Programmes:

 

The Institute offers the following Certificate Programmes of NSE.

CURRICULUM

 

1.         Trading

  •      Introduction

  •      Neat System

  •      Market Types – Normal Market, Auction Market

  •      Corporate Hierarchy

  •      Local Database

  •      Market Phases

  •      Pre-Open Phase, Opening, Open Phase, Market Close, Surcon

  •      Logging on

  •      Log Off/Exit from the Application

  •      Major Segments of the Neat Screen

  •      Invoking An Inquiry Screen

           Market Watch, Security Descriptor, Market by Price, Previous Trades, Outstanding Order Activity Log, Order Status, Snap Quote, Market Movement, Market Inquiry, Auction Inquiry, Security/Portfolio List, Multiple Index Broadcast and Graph, Online Backup, Supplementary Functions

  •  Order Management

  •                 Entering Orders, Order Types and Conditions , Order Modification,  Order Cancellation, Order matching

  •      Trade Management – Trade Modification, Trade Cancellation

  •       Auction

  •                    Entering Auction Orders, Auction Order Modification, Auction Order, Cancellation,

  •                    Auction Order Matching

  •   Trading Information Downloaded to Members

  •   Internet Broking

  •   Wireless Application Protocol

 

2.                    Clearing and Settlement

  •   Introduction

  • Transaction Cycle, Settlement Process, Settlement Agencies, Risks in Settlement

  •   Rolling Settlement

  • Introduction, Settlement Cycle, Pay-in and Pay-out of Funds, Pay-in and Pay-out of Securities

  •   Risk Containment Measures

  • Capital Adequacy Requirements, Trading And Exposure Limits, Margin Requirements, Index-Based Circuit Filters, Settlement Guarantee, Direct Pay-out of Securities, Gross Margining, No-Delivery Period, Penalty Points and Penal Interest, Indemnity Insurance

  •   International Securities Identification Number

  •   Dematerialization And Electronic Transfer of Securities

  •   Investor Protection Fund

  •   Clearing Software – Reports

  • Obligation Reports, Trade Reports, Deliveries Reports, Receipts Reports, Bad Deliveries Reports, Funds Reports, Auction Reports, Objections Reports, Margin Reports, Securities Reports, Miscellaneous Reports   

  •   File Transfer Protocol

3.         Trading Membership  

  •        Stock Brokers – Introduction, Membership in NSE

  •        Sub-Brokers

  •       Broker-Clients Relations - Know Your Client, Unique Client Code, Margins from the Clients, Execution of Orders, Accumulation of Orders, Contract Note, Payments/Delivery of Securities to the Clients, Brokerage, Payment of Stamp Duty, Segregation of Bank Accounts

  •       Sub-Broker-Client Relations - Know Your Client, Orders, Purchase/Sale Note, Payments/Delivery of Securities, Sub-Brokerage

  •       Dispute, Arbitration and Appeal and code of advertisement

  •       Code of Conduct – Stock Brokers, Sub-Brokers

Legal Framework

  •    Securities Contracts (Regulation) Act, 1956

  •    Securities Contracts (Regulation) Rules, 1957

  •    Securities and Exchange Board of India Act, 1992

  •    SEBI (Stock Brokers & Sub-Brokers) Rules, 1992

  •    SEBI (Stock Brokers & Sub-Brokers) Regulations, 1992

  •    SEBI (Insider Trading) Regulations, 1992

  •    SEBI (Prohibition of Fraudulent And Unfair Trade Practices Relating to Securities Markets Regulations, 1995

  •    The Depositories Act, 1996

  •    Indian Contract Act, 1872

  •    The Companies Act, 1956

 

5.          An Overview of the Indian Securities Market

  •   Introduction

  • Market Segments, Products and Participants

  •   A Profile

  • Dependence on Securities Market, Investor Population

  •   Primary Market

  • Secondary Market, Derivatives Market

  •   Market Design

  • Primary Market, Secondary Market, Derivatives Market

  •   Regulatory Framework

  •   Research in Securities Market

  •   Testing and Certification

6.         Fundamental Valuation Concepts

  •   Elementary Statistical Concepts

  •      Mean, Geometric Mean, Variance, Standard Deviation, Coefficient of Variation,

  •      Covariance, Correlation Coefficient, Normal Distribution

  •   Time Value of Money

  •      Future Value of A Single Cash Flow, Future Value of an Annuity, Present Value of a

  •      Single Cash Flow, Present Value of an Annuity

  •   Understanding Financial Statements

  •      Comparative Financial Statements, Common Size Statements, Ratio Analysis

  •   Equity Research

  •       Bhav Copy Database, Index Database, Order Book Snapshots, Database, Trades    

  •       Database

Cochin Stock Exchange, Kochi, India