SMC Global Securities Equity Dealer Interview Questions, Process, and Tips

Yes, I have the required NISM Certificate.

• Yes, I have completed the NISM Series VIII - Equity Derivatives Certification Examination.

• I have also obtained the NISM Series VII - Securities Operations and Risk Management Certification.

• Having these certifications demonstrates my knowledge and expertise in equity trading.

I can place client's orders punching quickly and accurately to ensure timely execution.

• I am proficient in using trading platforms to quickly enter orders.

• I have a strong attention to detail to avoid errors in order entry.

• I prioritize speed and accuracy to meet client's needs efficiently.

Equity advisory focuses on equity investments, investment advisory covers a broader range of investments, and financial advisory includes overall financial planning.

• Equity advisory specifically focuses on advising clients on equity investments in stocks and shares

• Investment advisory covers a broader range of investments including equities, bonds, mutual funds, etc.

• Financial advisory includes overall financial planning,...read more

STT on selling of delivery depends on the value of the transaction and is calculated as a percentage of the total transaction value.

• STT on selling of delivery is charged at 0.1% of the total transaction value for equity delivery trades.

• For example, if you sell stocks worth Rs. 1,00,000 in the delivery segment, the STT charged would be Rs. 100.

• STT is automatically deducted by the broker at the time of the transaction.

• ST...read more