NISM Series IV: Currency Derivatives Certification Exam Notes

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  • Trading Entities: Include exchanges, brokers, and clearing corporations.
  • Exchange Role: Matches buyers and sellers for trades.
  • Clearing Corporation: Acts as central counterparty, guaranteeing trades.
  • Trading System: Electronic platforms ensure efficient trading.
  • Order Types: Market, limit, stop-loss, and spread orders.

NISM Interest Rate Derivatives

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