n NISM Certifications
XIII NISM Series XIII
Medium

Which of the following statements correctly describes 'position limit'?

Practice question from NISM Series XIII for SIF - Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Position limit is the maximum daily volume at clearing member level

  2. B

    Position limit is the maximum daily volume at client level

  3. C

    Position limit is the maximum daily volume at trading member level

  4. Position limit is the maximum exposure level for market, trading member and clients

    Correct answer

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

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