NISM Series 7 Securities Operations Certification Exam Notes

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  • Clearing Corporation: Manages pay-in and pay-out processes.
  • Client Obligations: Determined client-wise for settlement.
  • Funds Settlement: Uses electronic transfers for security.
  • Securities Delivery: Directly to buyer’s demat account.
  • Auction Purchase: Conducted to cover delivery shortages.

NISM Securities Operations

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