NISM Series 12 Securities Markets Foundation Certification Exam Notes

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  • Market Indicators: Open interest and PCR provide insights into market trends.
  • Futures Pricing: Based on underlying price and implied interest costs.
  • Option Premiums: Determined by market demand and underlying volatility.
  • Trading Volume: High volumes indicate active derivative markets.
  • Liquidity Impact: Derivatives increase underlying market liquidity.

NISM 12 Securities Markets Foundation

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