NISM Series XIII Common Derivatives Certification Exam Notes

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  • Order Management: Involves order entry, modification, and cancellation.
  • Risk Management: Includes margins and position limits.
  • Order Routing: Directs orders to exchange trading systems.
  • Price Limit Circuit Filter: Caps price movements to prevent volatility.
  • Trading Costs: Include brokerage, exchange fees, and taxes.

NISM Common Derivatives

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