NISM Series 7 Securities Operations Certification Exam Notes

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  • Securities Market: The securities market facilitates capital raising and investment through securities trading.
  • Primary Market: Issuers raise capital via Initial Public Offerings (IPOs) or rights issues.
  • Secondary Market: Investors trade securities among themselves, providing liquidity.
  • Money Market: A market for short-term debt instruments with maturities up to one year.
  • Securities Definition: As per the Securities Contracts (Regulation) Act, securities include shares, bonds, and derivatives.

NISM Securities Operations

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