NISM Series XIII Common Derivatives Certification Exam Notes

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  • Market Participants: Include banks, financial institutions, and corporates.
  • Regulatory Oversight: SEBI and RBI set guidelines for IRF trading.
  • Liquidity Advantage: High trading volumes ensure ease of entry/exit.
  • Risk Management: IRFs reduce exposure to interest rate volatility.
  • Standardization: Fixed terms enhance market efficiency.

NISM Common Derivatives

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