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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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domain - B : Indian business : News Review : 13 July 2001 : capital market