NISM 10A Investment Adviser Level 1 Notes

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  • Clearing Houses: Facilitate settlement of trades, reducing counterparty risk.
  • Market Depth: Indicates the volume of orders at various price levels, reflecting liquidity.
  • Price Discovery: Markets determine fair prices through supply and demand dynamics.
  • Market Access: Technology enables retail and institutional investors to participate easily.
  • Risk Management: Regulations and tools like margins mitigate market risks.

NISM 10A NISM Investment Adviser Level 1

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