NISM Series 12 Securities Markets Foundation Certification Exam Notes

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  • Assignment Margin: Levied for option exercise settlement obligations.
  • Position Limits: Caps on open positions to prevent settlement risks.
  • Online Monitoring: Exchanges track positions in real-time to ensure compliance.
  • Hedging Strategy: Uses derivatives to offset losses in underlying assets.
  • Speculative Risk: Speculation involves high risk due to leverage and volatility.

NISM 12 Securities Markets Foundation

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