NISM Series 7 Securities Operations Certification Exam Notes

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  • Client Obligations: Determined client-wise for settlement.
  • T+0 Settlement: Optional same-day settlement for select securities.
  • Clearing Banks: Manage funds for clearing members.
  • Exposure Monitoring: Tracks member/client positions continuously.
  • Settlement Guarantee: Clearing corporations ensure trade completion.

NISM Securities Operations

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