Integration of broking activities
SEBI's September 2017 circular permitting equity and commodity derivatives broking under a single entity — the intermediary-level step that preceded exchange-level integration on 1 October 2018.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Where this is taught
Free preparation for NISM Series XVI← All terms