NISM 10A Investment Adviser Level 1 Notes

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  • Derivative Accessibility: Available to retail and institutional investors through brokers.
  • Risk Management Tools: Derivatives like options provide flexible risk control.
  • Market Efficiency: Derivatives enhance price discovery and market liquidity.
  • Counterparty Risk: Higher in OTC derivatives due to lack of clearinghouses.
  • Derivative Complexity: Requires understanding of underlying assets and market dynamics.

NISM 10A NISM Investment Adviser Level 1

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