NISM Series IV: Currency Derivatives Certification Exam Notes

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  • Market Makers: Provide liquidity by quoting bid/ask prices.
  • Trading Platforms: Support real-time price dissemination.
  • Order Book: Displays all active buy and sell orders.
  • Trade Execution: Occurs when buy and sell orders match.
  • Margin Calls: Required to cover potential losses.

NISM Interest Rate Derivatives

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