n NISM Certifications
NSM General NISM
Medium

Trading Member (TM) buys 20 lots and sells 2 lots proprietary; client X buys 12 sells 2; client Y buys 12 sells 2. Open position (in USD) of TM, X and Y respectively?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    18000, 10000, 10000

  2. 38000, 10000, 10000

    Correct answer

  3. C

    ZERO, 10000, 10000

  4. D

    18000, ZERO, ZERO

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

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