NISM Series XIII Common Derivatives Certification Exam Notes

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  • Position Monitoring: Tracks derivatives and cash segment positions.
  • Daily Settlement Prices: Determined by clearing corporations for fairness.
  • Client Margins: Must be segregated from brokers’ dues.
  • Approved Users: Only certified users can operate derivatives terminals.
  • Default Procedures: SEBI outlines actions for trading/clearing member defaults.

NISM Common Derivatives

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