NISM-Series-VI: Depositories Operations Certification Examination

Basics of the Indian securities market and the depository system, the need for depository and the key features of the depository system in India. Institutional structure of the depository system in India and the business partners of a depository. Regulatory framework in which the depositories and its DPs function, their eligibility criteria, registration procedure, rights and obligations etc. Various functions of the Depository and its Depository Participants (DPs) such as dematerialisation, trading and settlement, pledging and hypothecation. How a demat account is opened, documents required to open an account and significance of Power of Attorney (POA)