NISM Series XIII Common Derivatives Certification Exam Notes
Page 51 Of 303
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Arbitrage Profit: Locked in through simultaneous trades across markets.
Strategy Costs: Premiums and margins affect strategy profitability.
Trading Members: Exchange members who trade on behalf of clients or themselves.
Clearing Members: Handle settlement and risk management for trades.
Market Timings: Derivatives trading from 9:15 AM to 3:30 PM on working days.
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