NISM Series IV: Currency Derivatives Certification Exam Notes

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  • Delta Hedging: Adjusts positions to maintain neutrality.
  • Gamma Impact: Influences delta hedging adjustments.
  • Vega Sensitivity: Critical for volatility-based strategies.
  • Theta Decay: Impacts long-term option strategies.
  • Regulatory Compliance: Ensures fair and transparent trading.

NISM Interest Rate Derivatives

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