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Man, those test proctors really come down hard on talking. I got kicked out for bellowing quietly in the corner and chewing on a test booklet.

Order Types & Execution Drill

  • 1.

    Client Joe gives an order to buy 5,000 shares of XYZ "IOC". The order is directed to the exchange but only 3,000 shares can be purchased at $100. The number of shares purchased in this order is:

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  • 3.

    A customer order is required to be signed by a principal of the broker/dealer. This signature must be made no later than: