NISM Certifications · NISM-Series-X-A: Investment Adviser (Level 1) · Securities Market Segments
Which of the following best describes a Government Security (G-Sec) trade segment such as the Negotiated Dealing System-Order Matching (NDS-OM)?
NDS-OM is an anonymous, screen-based order matching platform for secondary market trading in government securities, set up by the RBI. It is not used for equity IPOs, commodity derivatives or unlisted shares.
- AAn anonymous order-matching platform for secondary market trading in government securities, operated by the RBICorrect
- BA platform for IPOs of corporate shares only
- CA commodity derivatives exchange regulated by SEBI
- DA platform used only for trading unlisted equity shares
Explanation
NDS-OM is an electronic, anonymous order-driven system for secondary market trading of government securities, owned by the RBI and operated through CCIL. It is not a platform for equity IPOs, commodity derivatives or unlisted shares.
Did you get it right without looking?
One question tells you little. A timed set on Securities Market Segments shows your real accuracy, how long you take and where you lose marks.
More Securities Market Segments questions
- Mr. Arjun Mehta holds a 91-day Treasury Bill with a face value of Rs 1,00,000 bought at Rs 98,500 at auction. Using a 365-day year, what is …
- Mr. Iyer buys 200 shares of an Indian company on the normal rolling settlement cycle in the cash segment on a Monday, with no intervening ma…
- Which statement about the primary market in India is correct for a company making an Initial Public Offer through the book building process?
- A retail investor bids in a book-built IPO with a price band of Rs 190-200. The investor bids for 70 shares at the cut-off price. Allotment …
- Ms. Kavita Rao, a client of an investment adviser, wants to apply for shares in an IPO through the book building route. Which statement abou…
- In the Indian securities market, which of the following is the segment where a company raises fresh capital by issuing shares directly to in…