n NISM Certifications
VII NISM Series VII
Medium

The _______ office handles validations, bookings, and confirmations of trades.

Practice question from NISM Series VII Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Front

  2. Middle

    Correct answer

  3. C

    Back

Why this is the answer

The middle office acts as a bridge between the front and back offices. It manages trade validations, bookings, and confirmations, and is primarily responsible for risk management and surveillance functions.

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