n NISM Certifications
XIII NISM Series XIII
Medium

When should a trading member identify whether a position is proprietary or for a client?

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    At the time of initiating the position

  2. At the time of entering the order

    Correct answer

  3. C

    Half an hour before the market closes

  4. D

    Within one hour of order entry

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

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