NISM Series IV: Currency Derivatives Certification Exam Notes

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  • Price Discovery: Achieved through active trading and order book.
  • Regulatory Reporting: Brokers report trades to exchanges.
  • Client Orders: Executed based on client instructions and preferences.
  • Exchange Fees: Part of trading costs, vary by contract.
  • Risk Disclosure: Brokers inform clients of trading risks.

NISM Interest Rate Derivatives

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