Series 24: Filling Out An Order Ticket

Taken from our Series 24 Online Guide

Filling Out an Order Ticket

Before a trader can execute an order for a client, s/he must fill out an order ticket. This ticket must include:

  • Security Name
  • Execution Price
  • Order Size
  • Duration of order: day order, good till cancelled (GTC), good thru week (GTW)
  • Type of order (market order, limit order)
  • Buy/Sell: whether the order is a buy, sell long, or sell short

Each firm must then keep a memorandum of each order ticket, containing the following additional inform

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Solomon Exam Prep Study Materials for the Series 24
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