n NISM Certifications
NSM General NISM
Medium

Position limit for EURUSD at trading member level is?

Practice question from Clearing, Settlement & Risk Management Mock Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Higher of 15% of the total open interest or EUR 100 million

    Correct answer

  2. B

    Lower of 15% of the total open interest or EUR 100 million

  3. C

    Higher of 6% of the total open interest or EUR 10 million

  4. D

    Higher of 15% of the total open interest or EUR 50 million

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

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