NISM Series 8 (NISM VIII): Equity Derivatives Certification Exam Notes
Page 79 Of 102
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Investor Safeguards: Protect against broker defaults and misconduct.
Membership Criteria: Include financial and operational standards.
Default Handling: Ensures market stability during member failures.
Exchange Coordination: Manages outages and trading continuity.
Client Margin Rules: Ensure upfront collection for risk management.
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