n NISM Certifications
VII NISM Series VII
Medium

Trading members reconcile clearing corporation data using their ______.

Practice question from NISM Series VII Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Front Office

  2. B

    Middle Office

  3. Back Office

    Correct answer

  4. D

    None of the above

Why this is the answer

The back office handles post-market processes like confirmations, payments, settlements, and accounting.

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