NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

Page 15 Of 122

Go to:

  • Exchange-Traded Derivatives: Standardized contracts traded on exchanges.
  • OTC Derivatives: Non-standard contracts negotiated bilaterally.
  • Margin Trading: Involves borrowing to trade, increasing risk and return potential.
  • Mark-to-Market Margin: Reflects daily loss/gain due to price movements.
  • Clearing Members: Ensure trade settlement through clearing houses.

NISM PMS Distributors ( NISM 21A )

Copyright 2025 - MODELEXAM MODELEXAM®