Trade to trade (gross) obligation
A method where transactions are not netted — pay-in equals cumulative sell quantity and pay-out equals cumulative 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