NISM 10A Investment Adviser Level 1 Notes

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  • Trading Mechanisms: Include order-driven and quote-driven systems for price determination.
  • Clearing and Settlement: Ensures smooth transfer of securities and funds post-trade.
  • Liquidity Provision: Secondary markets allow investors to exit investments easily.
  • Price Discovery: Secondary markets establish fair prices through trading activity.
  • SEBI Oversight: Ensures fair practices and investor protection in both market segments.

NISM 10A NISM Investment Adviser Level 1

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