n NISM Certifications
VII NISM Series VII
Medium

Market lot in derivatives trading refers to:

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

Options

  1. A

    Minimum number of shares in the market

  2. Number of shares per contract

    Correct answer

  3. C

    Total outstanding shares of a company

  4. D

    Number of buyers in a trade

Why this is the answer

Market lot defines the standardized quantity of the underlying asset in one derivative contract, ensuring uniformity in trading.

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