Quiz-summary
0 of 10 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Information
Certdemy free practice questions
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 10 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- Answered
- Review
-
Question 1 of 10
1. Question
Each carrying agreement shall expressly authorize and direct the which of the following to furnish promptly to the introducing firm and the introducing firm’s designated examining authority (or, if none, to its appropriate regulatory agency or authority) any written which of the following received regarding the conduct of the introducing firm or firms and its associated persons?
Correct
carrying firm is required to furnish any customer complaint immediately.
Incorrect
carrying firm is required to furnish any customer complaint immediately.
-
Question 2 of 10
2. Question
A member organization that receives an order or orders for the purchase or sale of a block of which of the following, which may not readily be absorbed by the market, should explore in-depth the market on which of the following?
Correct
stock need to be explored in detail which are order on the Market Floor
Incorrect
stock need to be explored in detail which are order on the Market Floor
-
Question 3 of 10
3. Question
Under the NYSE rules, the member organization should inform the which of the following of its intention to cross a block at a specific price?
Correct
DMM is required to be informed of the intention to cross a block at a specific price.
Incorrect
DMM is required to be informed of the intention to cross a block at a specific price.
-
Question 4 of 10
4. Question
If all or any portion of the block will establish or increase the member organization’s position, the member organization representing the block orders must:
Correct
(a) trade with the Exchange best bid (offer), including all reserve interest at that price and (b) crossing the block orders at the specified clean-up price.
Incorrect
(a) trade with the Exchange best bid (offer), including all reserve interest at that price and (b) crossing the block orders at the specified clean-up price.
-
Question 5 of 10
5. Question
A member organization which is covering a short position or liquidating a long position must do the following except:
Correct
The member organization is required to fill at the clean-up price orders limited to the clean-up price.
Incorrect
The member organization is required to fill at the clean-up price orders limited to the clean-up price.
-
Question 6 of 10
6. Question
After exploring the market and consulting with the DMM, the member organization should be prepared to fill the needs of the DMM in accordance with that conversation. The DMM cannot do what with the amount which he or she initially indicated unless the member organization agrees or the market has changed substantially?
Correct
DMM cannot increase the amount agreed unless the other party agrees or the market has significantly changed.
Incorrect
DMM cannot increase the amount agreed unless the other party agrees or the market has significantly changed.
-
Question 7 of 10
7. Question
If the DMM and the member organization representing the block orders disagree as to the extent of the needs of the DMM, they should consult with a which of the following. As appropriate, it may be necessary for the DMM to trade with the offer side of the cross to ensure that his or her reasonable needs in maintaining an aftermarket are satisfied?
Correct
Floor Official need to be consulted in case of disagreement between the DMM and the member organization
Incorrect
Floor Official need to be consulted in case of disagreement between the DMM and the member organization
-
Question 8 of 10
8. Question
which of the following shall mean that portion of the interest that could be published as, or as part of, the Exchange BBO, including pegging interest?
Correct
displayable mean that portion of the interest that could be published as, or as part of, the Exchange BBO
Incorrect
displayable mean that portion of the interest that could be published as, or as part of, the Exchange BBO
-
Question 9 of 10
9. Question
Under a bid or offer, including pegging interest, Odd-lot orders, including aggregated odd-lot orders that are which of the following, are not eligible to be setting interest?
Correct
displayable under a bid-offer are not to be eligible as setting interest.
Incorrect
displayable under a bid-offer are not to be eligible as setting interest.
-
Question 10 of 10
10. Question
Once the priority is established by setting interest, such setting interest retains that priority for any execution at that price when that price is at the what?
Correct
Exchange BBO set price retains that priority for any execution at that price.
Incorrect
Exchange BBO set price retains that priority for any execution at that price.