n NISM Certifications
NSM General NISM
Medium

Which of the below options best describe the total open interest used for monitoring open positions during the day?

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

Options

  1. A

    Total open interest at 12.00

  2. B

    Maximum open interest in the previous day

  3. C

    Minimum open interest in the previous day

  4. Total open interest at end of previous day

    Correct answer

Why this is the answer

Open interest during the day is tracked against the previous day's closing open interest.

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