Securities Operations and Risk Management (NISM Certification Examination Work Book VII)

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Description
This workbook has been developed to assist candidates in preparing for the National Institute of Securities Markets (NISM) Certification Examination for Securities Operations and Risk Management. NISM-Series-VII: Securities Operations and Risk Management Certification Examination seeks to create a common minimum knowledge benchmark as the requisite standard for associated persons of a registered stock-broker/trading member/clearing member in recognized stock exchanges, involved in (a) assets or funds of investor or clients (b) redressal of investor grievances (c) internal control or risk management and (d) activities having a bearing on operational risk.
The book covers basics of the Indian securities market, the different products traded and the various market participants and the respective roles they play in the Indian securities market. It also deals with the trade life cycle (TLC), the steps and participants involved in the TLC, the functions of the Front Office, Middle Office and Back Office in a Securities Broking Firm, the Risk management practices, clearing and settlement of trades.
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Table of Contents
1. Introduction to Securities Market
2. Market Participants in the Securities Market
3. Introduction to Securities Broking Operations
4. Risk Management
5. Clearing Process
6. Settlement Process
7. Investor Grievances and Arbitration
8. Other Services Provided By Brokers