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Trading turnover

Also written Trading turnover (derivatives)

The total of favourable and unfavourable differences, both counted as positives, plus premium received on sale of options and the difference on reverse trades.

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 IV
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