NISM Series 8 (NISM VIII): Equity Derivatives Certification Exam Notes
Page 59 Of 102
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Adjustment Factor: Used for corporate actions like rights or bonuses.
Rights Adjustment: Adjusts contract terms based on rights issue benefits.
Merger Impact: May alter underlying asset or contract specifications.
STT on Options: Levied on settlement price for in-the-money options.
Brokerage Exclusion: Orders entered exclusive of brokerage fees.
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