n NISM Certifications
VIII NISM Series VIII
Medium

A trading member reaches his prescribed position limits, therefore he will ________.

Practice question from NISM Series VIII - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Be allowed to take only 5% additional exposure

  2. B

    Not be able to reverse his position

  3. C

    Be able to take fresh new positions for his clients but not in his proprietary account

  4. Not be able to open new positions

    Correct answer

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

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