NISM Series 12 Securities Markets Foundation Certification Exam Notes

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  • Brokerage Fees: Commissions charged by brokers for trade execution.
  • Contract Note: Documents trade details, including price and quantity.
  • Risk Monitoring: Exchanges track positions to prevent settlement failures.
  • Margin Collection: Brokers collect upfront margins from clients per SEBI rules.
  • Debt Market Trading: Debt securities trade on platforms like NSE’s RFQ.

NISM 12 Securities Markets Foundation

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