n NISM Certifications
VII NISM Series VII
Medium

When does the final settlement in the Currency Derivatives segment take place?

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

Options

  1. A

    T+1 day

  2. T+2 day

    Correct answer

  3. C

    T+3 day

  4. D

    T+4 day

Why this is the answer

Final settlement in the Currency Derivatives segment occurs on a T+2 basis after the trade date.

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