NISM Series XIII Common Derivatives Certification Exam Notes

Page 267 Of 303

Go to:

  • Default Management: SGF covers losses from member defaults.
  • Interoperability Benefits: Enhances efficiency and competition.
  • Position Monitoring: Ensures compliance with regulatory limits.
  • Risk Models: SPAN model used for margin calculations.
  • Stress Testing: Assesses portfolio resilience under adverse scenarios.

NISM Common Derivatives

MODELEXAM MODELEXAM®