n NISM Certifications
VII NISM Series VII
Medium

Multilateral netting is performed by the Clearing Corporation ______ the members confirm their transactions.

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

Options

  1. A

    Before

  2. After

    Correct answer

Why this is the answer

Clearing members first confirm transactions’ validity. The clearing corporation then calculates net obligations through multilateral netting.

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NISM Series VII Mock Test 5