An attempt to aid all my friends who are interested in taking the Currency Derivatives Certification Examination by NISM. The certification offers an incentive to consider different essential facets of currency markets. It offers you a concise analysis of all the main categories of financial securities, such as Swaps, Options, Futures and Forward contract. It provides knowledge on the key market participants, i.e. Hedges, arbitrators and speculators. All accredited candidates in NISM Series I - Currency Derivatives (CD) have a clear understanding of currency derivative terms.