NISM Series 7 Securities Operations Certification Exam Notes

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  • Clearing Corporation Systems: Automate clearing and risk management.
  • Trade Data: Provided to depositories for settlement.
  • Custodian Role: Manages clearing for institutional trades.
  • Funds Availability: Ensured by clearing members for pay-in.
  • Risk Mitigation: Clearing corporations manage counterparty risks.

NISM Securities Operations

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