Rules 9 and 12
Rule 9 requires all contracts between members of a recognised stock exchange to be confirmed in writing and enforced in accordance with the rules and bye-laws of the exchange of which they are members.
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 III-A← All terms