NISM 21B Portfolio Managers Exam Notes

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  • Trading Mechanisms: Order-driven (matching orders) or quote-driven.
  • Margin Trading: Borrowing to buy securities, increases leverage.
  • Short Selling: Selling borrowed securities, expecting price drops.
  • Circuit Breakers: Halt trading to curb volatility.
  • IPO Process: Involves due diligence, prospectus, SEBI approval.

NISM 21B Portfolio Managers

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