n NISM Certifications
VII NISM Series VII
Medium

Which operations are handled by the middle office of a broking/trading firm?

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

Options

  1. A

    Trade confirmations

  2. B

    Risk management

  3. C

    Validation of trades

  4. All of the above

    Correct answer

Why this is the answer

The middle office handles trade validation, confirmations, and risk management, acting as a link between the front office, which executes trades, and the back office, which handles settlement, payments, and accounting.

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NISM Series VII Mock Test 4