NISM Series 7 Securities Operations Certification Exam Notes
Page 25 Of 97
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Market Access: Facilitated by brokers and electronic trading systems.
Trade Life Cycle: Includes order placement, execution, clearing, and settlement.
Trader Workstation (TWS): Platform for brokers to enter client orders.
Direct Market Access (DMA): Allows institutional clients direct exchange access.
Order Types: Include limit, market, and stop-loss orders.
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