Netted obligation
A method of computing obligations where all purchases and sales are netted, so a member delivers only if sell quantity exceeds buy quantity.
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.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series VII← All terms