NISM Series XIII Common Derivatives Certification Exam Notes

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  • Default Consequences: Default in one segment treated as default across all.
  • Trading Hours Extension: Applied during outages to ensure market access.
  • Regulatory Compliance: Mandatory for all market intermediaries.
  • Investor Protection: SEBI ensures safeguards against unfair practices.
  • Margin Appropriation: Prohibited for brokers’ dues using client margins.

NISM Common Derivatives

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