NISM Series 7 Securities Operations Certification Exam Notes

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  • Operational Efficiency: Enhanced through integrated IT systems.
  • Risk Management Framework: Ensures brokers manage market, credit, and operational risks.
  • Value at Risk (VaR) Margin: Covers potential losses for 99.9% of trading days.
  • Mark to Market (MTM) Margin: Addresses losses on outstanding obligations.
  • Extreme Loss Margin: Covers extreme market scenarios beyond VaR.

NISM Securities Operations

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