NISM Series 7 Securities Operations Certification Exam Notes

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  • OTC Derivatives: Customized contracts traded outside exchanges.
  • SEBI Circulars: Provide guidelines for market operations and compliance.
  • Liquidity Risk: Risk of inability to trade securities due to low market activity.
  • Credit Risk: Risk of counterparty default in securities transactions.
  • Systemic Risk: Risk of market-wide disruptions affecting stability.

NISM Securities Operations

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