ICAI ties-up with United Stock Exchange to impart knowledge on currency derivative

In a move to impart comprehensive knowledge of financial markets to its members, The Institute of Chartered Accountants of India (ICAI) recently signed a MOU with United Stock Exchange (USE). As part of this MOU, USE plans to educate members of ICAI by organizing seminars, panel discussions, workshops on financial markets and corporate governance. ICAI would provide institutional support and facilitate interactions with its members wherein USE would impart relevant knowledge.

CA. Amarjit Chopra, President, ICAI said “Recently we have witnessed rapid development in the financial sector through the launch of new innovative products and it is imperative that our members are regularly updated on these developments. We are glad to have tied up with the Untied Stock Exchange for a series of educative seminars, panel discussions and workshops which are aimed at enhancing financial knowledge within our member community.”

Speaking on the development, Mr. T.S. Narayanasami, Managing Director  & CEO of United Stock Exchange said “It is a pleasure to be associated with ICAI, a premier accounting body in the world. Through this association we hope to build knowledge about financial markets especially sophisticated instruments like currency derivatives in India. I am sure both USE and ICAI would learn from each other and develop a very fruitful relationship.”

The MOU has been signed for a term of 3 years and would be renewed subsequently on mutual consent. USE was launched recently with record volumes and has been the market leader since launch.