n NISM Certifications
NSM General NISM
Medium

A member who has a right to trade on its own account as well as on the account of its clients is a ___________.

Practice question from NISM Series I - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Custodian

  2. B

    Clearing Member

  3. Trading Member

    Correct answer

  4. D

    Trading cum Clearing Member

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

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