NISM-Series-XIII:
Common Derivatives (SIF)
Master the complete derivatives landscape. This unified certification combines Equity, Currency, and Interest Rate Derivatives into a single, comprehensive examination.
Exam Structure
Study Modules
Equity Derivatives
Master the basics of equity derivatives, trading strategies, clearing, settlement, and regulatory environment.
Equity DerivativesCurrency Derivatives
Understand foreign exchange markets, exchange-traded currency futures, options, and risk management.
Currency DerivativesInterest Rate Derivatives
Learn about interest rate concepts, underlying fixed income securities, and trading mechanisms for IRDs.
Interest Rate DerivativesQuestion Bank & Mock Exams
Comprehensive Syllabus Coverage
All practice sets and mock exams conform to official Exam Guidelines and draw unique questions from the three official NISM modules:
Short Notes
Download and review concise, high-yield short notes covering all three modules for quick revision before your exam.
Practice Set 1
A focused mock exam featuring 50 randomly selected questions from the Question Bank with full negative marking.
Practice Set 2
Another 50-question mock exam practice featuring detailed explanations for every answer to solidify your knowledge.
Final Exam Practice
Exam Guidelines: The examination will be of 150 marks, will have 150 questions, and should be completed in 3 hours. There will be negative marking of 25% of the marks assigned to a question. The passing score for the examination is 60% (which is equivalent to 90 marks out of the total marks of 150).
NISM Curriculum
Review the detailed syllabus and weightage for Series-XIII directly on the NISM website.