NISM Series 12 Securities Markets Foundation Certification Exam Notes
Page 52 Of 93
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Trading Hours: Equity markets operate from 9:15 AM to 3:30 PM on weekdays.
Trading Holidays: Exchanges announce holidays when trading is closed.
Screen-Based Trading: Electronic systems replaced open outcry for efficiency.
Direct Market Access: Institutional investors place orders directly on exchanges.
Block Trading: Large portfolio transactions occur in block deals.
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