NISM Series 8 (NISM VIII): Equity Derivatives Certification Exam Notes
Page 73 Of 102
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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.
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