n NISM Certifications
XIII NISM Series XIII
Medium

A ______ is not a Trading Member but clears and settles the trades of Trading Members and institutional clients.

Practice question from NISM Series XIII for SIF - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A) Trading cum clearing member

  2. B

    B) Custodial participant

  3. C

    C) Self clearing member

  4. D) Professional clearing member

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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