NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

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  • Market Volatility: Impacts returns, requiring risk management strategies.
  • Liquidity Provision: Essential for efficient market functioning.
  • Exchange Clearing House: Acts as counterparty to ensure trade settlement.
  • Securities Transfer: Facilitated by depositories in dematerialized form.
  • Broker Responsibilities: Include executing trades and ensuring compliance.

NISM PMS Distributors ( NISM 21A )

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