n NISM Certifications
VII NISM Series VII
Medium

Most large trades in debt instruments are settled through the ______ route.

Practice question from NISM Series VII Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Recognised Debt Exchange

  2. B

    Market

  3. Off Market

    Correct answer

  4. D

    None of the above

Why this is the answer

Off-market trades occur without a clearing corporation or exchange, commonly used for large debt transactions between banks or corporates.

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