n NISM Certifications
NSM General NISM
Medium

SPAN margining is applied between ________.

Practice question from NISM Series IV - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Trading members and clients

  2. B

    Clearing Corporation and Members

  3. Both of the above

    Correct answer

  4. D

    None of the above

Why this is the answer

SPAN applies across client and clearing relationships.

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