NISM Series 7 Securities Operations Certification Exam Notes

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  • Depository Integration: Ensures seamless securities transfer.
  • Clearing Corporation Audits: Verify compliance and risk management.
  • Funds Pay-Out: Credited to clearing members on pay-out day.
  • Client Obligation Data: Provided to depositories for settlement.
  • Settlement Guarantee Fund: Protects against clearing defaults.

NISM Securities Operations

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