NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

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  • Market Access: Provided through brokers and depository participants.
  • OTC Risks: Higher due to lack of standardization and counterparty risk.
  • Exchange Benefits: Offer liquidity, transparency, and regulatory oversight.
  • Securities Issuance: Governed by Companies Act and SEBI regulations.
  • Market Dynamics: Driven by supply, demand, and economic conditions.

NISM PMS Distributors ( NISM 21A )

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