SBI Securities Senior Executive Interview Questions and Answers

Exchanges have recently issued circulars on new reporting requirements.

• SEBI has mandated exchanges to provide daily reports on client funding and margin obligations.

• Exchanges have introduced new reporting formats for trade data and risk management.

• Recent circulars require exchanges to report on compliance with margin requirements and client position limits.

The process of settlement of funds involves transferring funds from the client's account to the designated recipient.

• Client initiates a request for fund settlement

• Verification of the request and available funds

• Transfer of funds to the designated recipient

• Confirmation of successful settlement

• Record keeping of the transaction

Stockbrokers process orders by routing them through various systems and exchanges to execute trades on behalf of clients.

• When an order is placed, it is first entered into the broker's order management system.

• The order is then routed to the appropriate exchange or trading venue based on factors like price, liquidity, and speed of execution.

• The exchange matches the buy and sell orders, and the trade is executed.

• Confirmat...read more