NISM 21B Portfolio Managers Exam Notes
Page 11 Of 168
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Intermediaries: Brokers, depositories, market makers.
Regulators: SEBI ensures market integrity, investor protection.
Market Makers: Provide liquidity with bid/ask quotes.
Brokers: Facilitate trades for commissions.
Depositories: Hold securities electronically, e.g., NSDL, CDSL.
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