In a move to impart knowledge about financial markets, United Stock Exchange (USE) has signed an MoU with the Institute of Chartered Accountants of India (ICAI).
As part of the MoU, the exchange plans to educate members of ICAI by organising seminars, workshops on financial markets and corporate governance, a press release issued here today stated.
ICAI would provide institutional support and facilitate interactions with its members wherein the exchange would impart relevant knowledge, it said.
USE's Managing Director and CEO, T S Narayanasami, said that "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 three-years and would be renewed subsequently on mutual consent, the release said.
ICAI's President Amarjit Chopra said that "we are glad to have tied-up with the United Stock Exchange for a series of educative seminars, panel discussions and workshops which are aimed at enhancing financial knowledge within our member community".