NISM Series XIII Common Derivatives Certification Exam Notes

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  • Index Weightage: Determines influence of each stock on the index value.
  • Market Representation: Indices capture broad or sector-specific market trends.
  • Liquidity Measurement: Impact cost quantifies liquidity in stock markets.
  • Index Evolution: Indices adapt to changing market dynamics and corporate actions.
  • Stock Exclusion: Stocks may be removed if they fail eligibility criteria.

NISM Common Derivatives

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