NISM Series 7 Securities Operations Certification Exam Notes
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Capital Market Intermediaries: Stock exchanges, depositories, and clearing corporations provide infrastructure.
Forward Contract: A promise to deliver an asset at a predetermined future date and price.
Derivatives: Financial instruments deriving value from underlying assets like stocks or indices.
Indian Depository Receipts (IDRs): Issued by foreign companies to raise funds from Indian investors.
Stock Exchanges: Platforms for organized trading of securities, governed by SEBI regulations.
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