NISM Series 7 Securities Operations Certification Exam Notes

Page 68 Of 97

Go to:

  • T+1 Pay-In Time: By 7:30 AM for cash market trades.
  • Final Settlement Price: Uses FBIL rates for currency derivatives.
  • Netting Benefits: Reduces settlement volume and costs.
  • Broker Responsibilities: Ensure timely pay-in and delivery.
  • Corporate Action Benefits: Credited to client accounts.

NISM Securities Operations

Copyright 2025 - MODELEXAM MODELEXAM®