In pursuance of the announcement made by the Finance Minister in his Budget Speech in February 2005, Securities and Exchange Board of India (SEBI) established the National Institute of Securities Markets (NISM) in Mumbai.
Among various activities, NISM brings out various publications on the securities markets with a view to enhance knowledge levels of participants in the securities industry.
NISM has also been mandated to develop and implement certification examinations for professionals employed in various segments of the Indian securities market.
Bombay Stock Exchange Ltd. has been appointed as a Test Administrator by NISM for conducting "NISM-Series-I: Currency Derivatives Certification Examination (NISM-Series-I: CD Examination)".
Source: BSE India