Certified Futures Trader by Vskills: Fee, Duration, How to Apply

Quick Facts

particular	details
Medium of instructions English	Mode of learning Self study	Mode of Delivery Video and Text Based

Course overview

The Certified Futures Trader certification course offers extensive content on concepts including futures markets basics, foreign exchange futures, pricing of futures contracts, and Value at Risk (VaR) statistics. Also, the course comprehensively covers topics like investment assets, short-term interest rate futures, hedging, t-bills, stochastic interest rates, long-term interest rate futures, and stock index futures. The training significantly improves the futures trading performance of students.

The Vskills Certified Futures Trade training programme comprises eight modules, practice tests, sample papers, mock tests, and a government certification valid lifelong. The course focuses on skill-building, and after finishing the curriculum, candidates will be equipped and qualified to work for leading organisations like Kotak Securities, Angel Broking, Edelweiss, Motilal Oswal, JP Morgan Chase, and more.

Vskills also delivers a hard copy of the learning content directly to your home for select courses. Students receive ‘Vskills certified’ tags on the renowned recruitment portals of Shine.com and Monster India, which enhances their job portfolio and validates their expertise in Futures Trading. The Certified Futures Trade course aims at increasing the employability of the candidates.

Course and certificate fees

Fees information

₹ 3,499

For updated information on the fee structure, Vskills recommends that the students keep checking their official website at http://www.vskills.in. The expenses may change.

Certified Futures Trader Fee Structure

Training Option	Fee (plus GST)
Online LMS	Rs. 3499

certificate availability

Yes

certificate providing authority

Vskills

Who it is for

Account manager Accountant Financial analyst

The Certified Futures Trader training course by Vskills enhances the job profile and increases career prospects of:

Professionals working in the accounting, finance, and banking industry.
Graduates and professionals looking to upskill and acquire a competitive edge in their fields

Eligibility criteria

Anybody can apply for the Certified Futures Trader programme as there are no eligibility criteria for enrolment in the course.

However, candidates who want the course-end certification must qualify for a test with at least 50% marks. The total marks are 50, and students must score anything equal to or more than 25.

What you will learn

Financial management

Joining the Certified Futures Trader training by Vskills will help you in mastering the following topics:

Futures contracts, forward contracts, futures exchanges, option exchanges
Hedgers, arbitrageurs, and speculators
Derivatives markets, imperfect markets, cash market, and futures markets
Trading and Value at Risk (VaR)
Futures contracts pricing
Investment and consumption assets
Hedging: buying, selling, tailing, and rolling a hedge
Short-term and long-term interest rate futures
Stock Index Futures and Foreign Exchange Futures

The syllabus

Introduction

Forward Contracts versus Futures Contracts
Type of Assets Underlying Futures Contracts
Futures Exchanges
Types of Assets Underlying Options Contracts
Options Exchanges
Hedgers, Speculators, and Arbitrageurs
The Role of Futures and Options Markets
Reasons for the Rapid Growth of Derivative Markets
The Recent Indian Story in Derivatives
Electronic Exchanges: The State-of-the-Art

Fundamentals of Futures Markets

Standardization of Futures Contracts
Margins and Marking to Market: General Principles
Spot-Futures Convergence at Expiration
Trading: General Principles
Value at Risk (VaR)
VaR in the Context of Futures Trading in India
Types of Members and the Margining System in India
Types of Orders
Liquidating a Futures Position
Trading Volume versus Open Interest
Conversion Factors When There are Multiple Deliverable Grades
Single Stock Futures

Pricing of Futures Contracts

Notation
Assumptions
Forward Contract on a Security That Provides No Income
Forward Contracts on Assets That Provide a Known Dividend Yield
Forward Contracts on Commodities
Investment Assets
Consumption Assets
Calendar Spreads and Arbitrage
Net Carry
'Backwardation' and 'Contango'
Delivery Options
Imperfect Markets
Synthetic Securities
Forward Price versus Futures Prices
Stochastic Interest Rates
Quasi- Arbitrage
Risk and Futures Prices

Hedging

A Selling Hedge
A Buying Hedge
Lifting a Hedge Prior to the Expiration of the Futures Contract
Basis Risk
Selecting a Futures Contract
A Rolling Hedge
The Hedge Ratio
Estimating the Hedge Ratio
Tailing a Hedge
Quantity Uncertainty
Rationale for Hedging
Hedging Processing Margins
Developing Derivative Exchanges Key Issues

Short -Term Interest Rate Futures

Eurodollars
T-bills
Yields
T-bill Futures
The No-Arbitrage Pricing Condition
Risk Management Using T-bill Futures
Shortening T-bill Maturities
Lengthening T-bill Maturities
Risk Management Using Chained Hedge Ratios
Introduction to Eurodollar Futures
Calculating Profits and Losses on ED Futures
Bundles and Packs
Locking in a Borrowing Rate
Cash and Carry Arbitrage
Reverse Cash and Carry Arbitrage
The No-Arbitrage Pricing Equation
Hedging Rates for Periods Not Equal to Days
Creating a Fixed Rate Loan
Strip versus Stack Hedges
The TED Spread

Long-Term Interest Rate Futures

Fundamentals of Bond Valuation
Duration
The Cash Market
The Futures Market
Conversion Factors
Calculating the Invoice Price for a T-bond
The Cheapest to Deliver Bond
Arbitrage or Risk Arbitrage?
Seller's Options
Hedging

Foreign Exchange Futures

Purchase and Sale
The Spot Market
Arbitrage
The Forward Market
Merchant Rates and Exchange Margins
The No-Arbitrage Forward Price
One Way Arbitrage
The Relationship Between Interest Rate Parity and One-Way Arbitrage
Options Forwards
Modification of Forward Contracts
Futures Markets
Hedging an Export Transaction
Hedging an Import Transaction
Creating Synthetic Investments
Borrowing Funds Abroad
Creating Synthetic Futures Contracts
Creating Synthetic Futures Contracts
Creating Synthetic Short-Term Interest Rate Contracts
Forward Covered Interest Arbitrage

Stock Index Futures

Price Weighted Indices
Value Weighted Indices
Equally Weighted Indices
Forming Portfolios to Mimic an Index
Portfolio Re-Balancing
Re-balancing an Equally Weighted Portfolio
Changing the Base Period Capitulation
Pricing of Index Futures
Cash and Carry Arbitrage
Reverse Cash and Carry Arbitrage
The No-Arbitrage Equation
Index Arbitrage and Programme Trading
Hedging with Index Futures
Market Timing with Index Futures
Using Index Futures to Change the Beta of a Portfolio
Stock Picking
Portfolio Insurance
Index Futures and Stock Market Volatility
Index Futures in India

Admission details

Step 1: Apply for the course by first visiting Vskill’s website here: https://www.vskills.in/certification/.

Step 2: On the webpage, you will find a ‘Certifications’ icon. Click on it, choose the ‘Accounting, Banking and Finance’ option, and go to your course ‘Certified Futures Trader.’

Step 3: You can also make use of the search bar on Vskills’ homepage to locate your programme.

Step 4: Scroll down to find the ‘buy now’ option. This step will take you directly to the ‘checkout’ page.

Step 5: Now, make an account and register yourself on Vskills. Next, create and confirm a login password for future reference.

Step 6: Review the details, including course fee, programme name, and certification code, on this page. Click on ‘confirm order’.

Step 7: Now, on the payment page, you can pick a mode of transaction. You can pay via credit/debit card, net banking, digital wallet, or UPI.

Filling the form

Students can enrol in the Certified Futures Trader programme by registering on Vskills. The process requires name, email ID, phone number, city of residence, country, and state details. After making the payment, students can access the learning content instantly.

Evaluation process

Vskills organises an online exam to assess the skills of candidates before awarding the certification for the Certified Futures Trader course. The exam, with a duration of one hour, has 50 multiple-choice questions (MCQs) and students must score at least 25 marks to clear the test. There is no negative marking in the assessment. Vskills also provides sample question papers, practice tests, and mock tests as part of the curriculum.

How it helps

After pursuing the Online Certified Futures Trader Programme, candidates will be skilled in monitoring economic trends, identifying investment opportunities, conducting credit risk management, detecting risks for securities, and offering smart financial advice. The certification will help participants become a professional futures trader.

Several private and public companies worldwide are regularly recruiting certified futures traders for their account and finance departments. Candidates can find lucrative work in well-established corporations such as Kotak Securities, Angel Broking, Edelweiss, Motilal Oswal, JP Morgan Chase, and more.

Best of all, students become ‘Vskills Certified’ on Monster India and Shine.com job portals, which broadens career avenues for them.

FAQs

Is there a stipulated period to finish the course?

The Certified Futures Trader training course does not have a fixed duration. However, candidates must appear for a test within one year from the purchasing date.