Commodity Derivatives is the official NISM workbook developed under SEBI's certification framework, providing a comprehensive and practice-oriented understanding of India's exchange-traded commodity derivatives markets. It explains how commodity derivatives support price discovery, risk transfer, and risk management, while detailing the trading, clearing, settlement, regulatory, and investor-protection framework. Designed for market professionals, students, and intermediaries, the book serves as both a primary certification reference and a reliable professional guide. The September 2025 edition, reviewed by a former NISM faculty member and published by Taxmann, covers the complete lifecycle of commodity derivatives in a structured and progressive manner.