n NISM Certifications
XIII NISM Series XIII
Medium

For the Open Position on the Last Trading Day, the seller must notify the Clearing Corporation his intention to deliver by the close of ________.

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

Options

  1. A

    Last Trading Day

  2. B

    Two business days prior to the last business day (expiry day) of Contract Month

  3. Both 1 and 2 are same

    Correct answer

  4. D

    None of the above

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

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