Podcast
Questions and Answers
- Which of the following statements regarding transactions in the different securities markets are true?
- Transactions in listed securities occur mainly in the OTC market.
Il. Transactions in unlisted securities occur in the OTC market.
III. Transactions in listed securities that occur in the OTC market are said to take place in the fourth market.
IV. Transactions in listed securities that occur directly between institutions without the use of broker-dealers as intermediaries are said to take place in the fourth market.
A. I and III
B. land IV
C. Il and Ill
D. land IV
- Which of the following statements regarding transactions in the different securities markets are true?
- Transactions in listed securities occur mainly in the OTC market. Il. Transactions in unlisted securities occur in the OTC market. III. Transactions in listed securities that occur in the OTC market are said to take place in the fourth market. IV. Transactions in listed securities that occur directly between institutions without the use of broker-dealers as intermediaries are said to take place in the fourth market. A. I and III B. land IV C. Il and Ill D. land IV
- All the following are required on an order ticket except
A. the customer's objective.
B. whether the order being placed is a discretionary order.
C. the time of the execution of the trade.
D. the date of the order.
- All the following are required on an order ticket except A. the customer's objective. B. whether the order being placed is a discretionary order. C. the time of the execution of the trade. D. the date of the order.
- Regular way settlement for securities transactions in corporate issues
A. depends on the type of account.
B. is two calendar days after the trade takes place.
C. is the trade date plus two business days.
D. determines if the security is delivered in certificate form or not.
- Regular way settlement for securities transactions in corporate issues A. depends on the type of account. B. is two calendar days after the trade takes place. C. is the trade date plus two business days. D. determines if the security is delivered in certificate form or not.
