NISM Series 12 Securities Markets Foundation Certification Exam Notes

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  • Investor Accessibility: Online platforms simplify mutual fund investments.
  • Derivatives Definition: Derivatives derive value from underlying assets like stocks or indices.
  • Underlying Assets: Include equities, indices, commodities, and currencies.
  • Derivative Types: Futures, options, forwards, and swaps are common derivatives.
  • Futures Contracts: Standardized agreements to buy/sell assets at a future date.

NISM 12 Securities Markets Foundation

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