Market intermediaries
learning anew
Mumbai: With the end of the badla
and the introduction of derivatives trading, rolling settlement and stock lending, market
intermediaries including brokers, insurance agents, mutual fund employees and debit market
primary dealers are trying to learn, all over again.
The new education tools including seminars and training programmes, the most popular being
the National Stock Exchange Certification in Financial Markets (NCFM) conducted by the
NSE, which is even upgrading its software capacity to accommodate 1500 test takers at a
time from the present capacity of 150 in order to cater to the demand.
Other institutions too are gearing up to
conduct seminars and training programmes, including stockbrokers Motilal Oswal and LKP
Merchant.
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