Thursday, April 29, 2010

Test at NSE Centers

Test at NSE Centres




Sr.No. Test Centre Contact details

1 National Stock Exchange of India Ltd.

United India Building, 2nd Floor

Near Kashmir Emporium

Opp. Apna Bazaar,

Sir Phirozeshah Mehta Road

Fort, Mumbai-400001

(Landmark - Above Indian Bank) National Stock Exchange of India Ltd.

Exchange Plaza,

Bandra-Kurla Complex

Bandra (East), Mumbai 400051

Tel: (022) 26598252 / 8216

Tel: (022) 26598171 / 72

Tel: (022) 26598100 - 114

Fax: (022) 26598393

Email : ncfm@nse.co.in

2 National Stock Exchange of India Ltd.

4th Floor,

Jeevan Vihar Building

Parliament Street

New Delhi-110001

(Landmark - Near Patel Chowk, Metro Station) Tel : 011-23344313-27

Fax : 011-23366658

Email : ncfm_delhi@nse.co.in

3 National Stock Exchange of India Ltd.

1st Floor, Park View Apartments

99, Rash Behari Avenue

Kolkata – 700 029

(Landmark - Deshpriya Park, Near Priya Cinema, Above GKB Opticals) Tel : (033) 24631802/40 400 400

Fax. (033) 40400440

Email : ncfm_kolkata@nse.co.in

4 National Stock Exchange of India Ltd.

2nd Floor, Ispahani Centre,

Door No 123-124,

Nungambakkam High Road,

Nungambakkam

Chennai - 600 034

(Landmark - Next to Income Tax Office / CA Institute)

Tel No : (044) 28332500/01

Fax No : (044) 28332521

Email : ncfm_chennai@nse.co.in





5 National Stock Exchange of India Ltd.

H No.3-6-322

Mahavir House, IInd Floor

Chamber no.203 & 204

Basheerbagh

Hyderabad : 500029

(Landmark - Near Police Commissioner's Office, Basheerbagh Square) Tel : 040-23227084/5

Fax : 040-23227086

Email : ncfm_hyderabad@nse.co.in



6 National Stock Exchange of India Ltd.

406 Sakar II

Near Ellis Bridge

Ahmedabad – 380 006

(Landmark - Opp. Town Hall, Near Ellisbridge) Tel : 079-26580212 - 13

Fax : 079-26576123

Email : ncfm_ahmedabad@nse.co.in



7 Any other centre (depending on demand)



Note :

The candidate should reach the test centre on the test date 15 minutes

prior to the scheduled time.

NCFM Test

Download No. Date Particulars


NSE/NCFM/14647 April 26, 2010 Forthcoming NCFM tests

NSE/NCFM/14601 April 19, 2010 Forthcoming NCFM tests

NSE/NCFM/14552 April 12, 2010 Forthcoming NCFM tests

NSE/NCFM/14492 April 05, 2010 Forthcoming NCFM tests

NSE/NCFM/14470 March 31, 2010 New Fee Discount Scheme

NSE/NCFM/14442 March 29, 2010 Forthcoming NCFM tests

NSE/NCFM/14364 March 22, 2010 Forthcoming NCFM tests

NSE/NCFM/14353 March 19, 2010 Launch of Investment Analysis and Portfolio Management Module

NSE/NCFM/14313 March 15, 2010 Forthcoming NCFM tests

NSE/NCFM/14252 March 08, 2010 Forthcoming NCFM tests

NSE/NCFM/14200 March 02, 2010 Forthcoming NCFM tests

NSE/NCFM/14155 February 23, 2010 Forthcoming NCFM tests

NSE/NCFM/14108 February 15, 2010 Forthcoming NCFM tests

NSE/NCFM/14086 February 10, 2010 Forthcoming NCFM tests

NSE/NCFM/14026 February 01, 2010 Forthcoming NCFM tests

NSE/NCFM/13972 January 25, 2010 Forthcoming NCFM tests

NSE/NCFM/13924 January 18, 2010 Forthcoming NCFM tests

NSE/NCFM/13889 January 11, 2010 Launch of Interest Rate Derivatives: A Beginner s Module

NSE/NCFM/13886 January 11, 2010 Forthcoming NCFM tests

NSE/NCFM/13828 January 05, 2010 Forthcoming NCFM tests

NSE/NCFM/13815 January 01, 2010 Revision of fees and inclusion of modules in Fee Discount Scheme

Fee Discount Schemes

Currently, there are two Fee Discount Schemes available for NCFM candidates:




1. Fee Discount Scheme of October 01, 2009 (FDS_Oct'09)

2. Fee Discount Scheme of April 01, 2010 (FDS_Apr'10)

• The discount schemes are applicable to select NCFM modules.

• Both the schemes are running parallely.

• The eligibility conditions and period over which discount is available are different for different schemes:

The candidates who have become eligible under Fee Discount Scheme of October 01, 2009, will continue to get 50% fee discount till September 30, 2010 for tests in specified modules.

Similarly, the candidates who have become eligible under Fee Discount Scheme of April 01, 2010, will continue to get 50% fee discount till March 31, 2011 for tests in specified modules.





The details of the two discount schemes are



Fee Discount Scheme of October 01, 2009 Fee Discount Scheme of April 01, 2010

Total Scheme Period From 01-Oct-2009 to 30-Sep-2010
From 01-Apr-2010 to 31-Mar-2011

Qualifying Period* From 01-Oct-2009 to 31-Mar-2010
From 01-Apr-2010 to 30-Sep-2010

Minimum no. of tests to be appeared with full fees

to become eligible for 50%

fee discount for subsequent attempts 2 tests 3 tests

Discount up to 30-Sep-2010 31-Mar-2011

Qualifying Modules Fee Discount Scheme of October 01, 2009

Fee Discount Scheme of April 01, 2010




*Time period in which mini. no. of tests with full fees to be appeared to become eligible for discount for subsequent tests.



**Please note that enrollments (i.e. seat booking) done prior to dates mentioned in 'Effective from' column in the table, would require full payment of fees irrespective of test date. For instance, a candidate who has done enrollment (seat booking) for Currency Derivative: A Beginner's Module on 10-Mar-2010 for test date of 22-Apr-2010, would NOT be eligible for 50% fee discount as 'Currency Derivative: A Beginner's Module' became 'Qualifying Module' for Fee Discount Schemes, effective from 1-Apr-2010.

Announcements

1. Fee Discount Schemes

2. Launch of Investment Analysis and Portfolio Management Module

3. Launch of Interest Rate Derivatives: A Beginner’s Module

4. Revision of fees and inclusion of modules in Fee Discount Scheme

5. Updation of email and postal address of NCFM candidates

6. Launch of ‘Fee Discount Scheme'

7. Introduction of NCMP certificates

8. Revision of fees for NCFM modules

9. NCFM Test fees

10. Updations to June 2008 edition of Securities Market (Basic) Module workbook

11. NCFM - MUMBAI TEST CENTRE - Change of address w.e.f. May 2, 2008

12. Daily Test Schedule of Chennai, Mumbai & Delhi Offices

13. NCFM Online Login id for Corporates

14. Association of Mutual Funds in India - New Address



1. Launch of Investment Analysis and Portfolio Management Module



2. Launch of Interest Rate Derivatives: A Beginner’s Module



3. Revision of fees and inclusion of modules in Fee Discount Scheme





4. Updation of email and postal address of NCFM candidates

SBU-Education has started an emailing facility to keep the NCFM candidates informed about the new developments in the NCFM arena, so that the candidates can take informed decisions. The most recent NSE Newsletter is also being sent along with this mail. One round of such emails has already been sent on October 06, 2009 to all candidates who have taken one or more NCFM tests.



It has however, been found that the email addresses given by many candidates are either incorrect or have not been updated. As a result, several NCFM candidates are missing an opportunity to know about the developments relating to NCFM tests as well as about the securities market.



Further, SBU-Education has also launched the NCMP certification; these certificates are being sent to the eligible NCFM candidates by courier at the postal address as per our records.



In view of the above, we urge the NCFM candidates to update their email and postal address by accessing their online NCFM account and also to be careful while filling in the contact details.



5. Launch of ‘Fee Discount Scheme'



6. Introduction of NCMP certificates





7. Revision of fees for NCFM modules



8. NCFM Test fees



Test fees are valid for six months from the date of payment. Candidates need to enroll for the test(s) within six months from payment of fees.






9. Updations to June 2008 edition of Securities Market (Basic) Module workbook

The following is to be read as an addition under Cross Margining on Page No 30 of the Securities Market (Basic) Module workbook



In December 2008, SEBI extended the cross margin facility across Cash and F&O segment and to all the market participants. The salient features of the cross margining are as under :

1. Cross margin is available across Cash and F&O segment and to all categories of market participants.

2. The positions of clients in both the Cash and F&O segments to the extent they offset each other shall be considered for the purpose of cross margining as per the following priority.

a. Index futures and constituent stock futures in F&O segment.

b. Index futures and constituent stock positions in Cash segment.

c. Stock futures in F&O segment and stock positions in Cash segment

3. In order to extend the cross margin benefit as per 2 (a) and (b) above, the basket of constituent stock futures/ stock positions shall be a complete replica of the index futures

4. The positions in F&O segment for stock futures and index futures shall be in the same expiry month to be eligible for cross margin benefit.

5. Positions in option contracts shall not be considered for cross margining benefit.

6. The Computation of cross margin shall be at client level on an on-line real time basis.

7. For institutional investors the positions in Cash segment shall be considered only after confirmation by the custodian on T+1 basis and on confirmation by the clearing member in F&O segment.

8. The positions in the Cash and F&O segment shall be considered for cross margining only till time the margins are levied on such positions.

9. The positions which are eligible for offset, shall be subject to spread margins. The spread margins shall be 25% of the applicable upfront margins on the offsetting positions.




10. NCFM - MUMBAI TEST CENTRE - Change of address w.e.f. May 2, 2008



With effect from May 2, 2008, the NCFM test centre at Mumbai is shifting to the following premises:



National Stock Exchange of India Ltd.

NCFM – Mumbai Test Centre

United India Building, 2nd Floor,

Near Kashmir Emporium,

Opp. Apna Bazar

Sir Phirozeshah Mehta Road,

Fort, Mumbai - 400 001.



All candidates are required to take note of the same.



However, all correspondences (forms/payments) etc. may continue to be sent to the Bandra- Kurla Complex address:

NCFM Department

National Stock Exchange of India Ltd.

"Exchange Plaza",

Bandra Kurla Complex,

Bandra (East),

Mumbai-400051.





11. Daily Test Schedule of Chennai, Mumbai & Delhi Offices:



Candidates who have applied for NCFM Tests for various modules at Chennai / Mumbai Test Centers and have confirmed dates either through submission of form personally or through Fax / courier / e-mail confirmations, may kindly verify their enrollment status in the list displayed. Daily updations will be carried out and candidates are requested to inform us in case of any discrepancies observed.



List : Mumbai
Chennai
Delhi





12. NCFM Online Login id for Corporates



NCFM has launched the online login facility for corporates whereby the corporates will be able to enroll their candidates online themselves through a corporate login id that will be created for them. Corporates would be required to make a consolidated payment to NSE which can then be utilized by them for enrolling their candidates through the corporate login id. The payment can be made by means of a demand draft favouring “National Stock Exchange of India Limited”, payable at the nearest NSE office or through the online netbanking facility through BOI, AXIS and HDFC Bank(For paying through HDFC Net Banking Interface the corporates would be required to have Retail HDFC Bank Account.)



Corporates who wish to avail of this facility may fill in the format attached herewith and send the same to us on their letterhead following which the corporate user id would be created for them.





13. Association of Mutual Funds in India - New Address



With effect from April 30, 2009, Association of Mutual Funds in India will operate from their new premises. The address and new telephone numbers are as under:



ASSOCIATION OF MUTUAL FUNDS IN INDIA

706-708, BALARAMA

BANDRA-KURLA COMPLEX

BANDRA (EAST)

MUMBAI - 400 051.



Telephone Nos.: 26590206 / 26590243 / 26590246 / 26590382

Fax Nos. :26590209 /26590235

Why NCFM

The financial markets are going to be the turf of certified professionals very soon due to regulatory compulsions and/or initiatives of the industry. By imparting comprehensive knowledge and skill in the chosen field, NCFM enhances career opportunities for NCFM certified persons.

Some of these modules have regulatory sanctity. For example,
  • It has been specified by SEBI that all brokers/dealers and sales persons in the derivatives market have to mandatorily obtain certification. Derivatives Market (Dealers) Module of the NCFM has been recognised by SEBI for the purpose.

  • In order to improve the level of knowledge of market participants, only persons who have passed Capital Market (Dealers) Module of the NCFM are authorised to use the trading system of the National Stock Exchange.

  • The National Securities Depository Limited has similarly prescribed that all the branches of the depository participants must have at least one person who has qualified the NCFM module on Depository Operations.

  • SEBI recommends Surveillance Module for the officers working in surveillance departments of stock exchanges.

  • SEBI has made it mandatory for all mutual funds to appoint agents/distributors who have obtained certification in AMFI - Mutual Funds Modules. The existing and new employees of mutual funds, particularly those who are involved in sales and marketing, are encouraged to pass the certification in AMFI - Mutual Funds Modules.