Review Quiz
- 1. To be initially listed on the Nasdaq Capital Market, how many market makers must the issuer have?
- A. at least two
- B. at least three
- C. at least four
- D. it is not a requirement
- 2. FINRA considers the issuance of, the display of, and the trade reporting with Additional Market Participant Identifiers (MPIDs) to be a(n):
- A. right
- B. privilege
- C. obligation
- D. violation
- 3. The inside market is best described as:
- A. investors using information not yet public
- B. the best bid and best ask
- C. the price available to institutional investors
- D. trades directly between institutional investors without a broker, usually through ECNs
- 4. NASDAQ Market Trading hours are:
- A. 7:00 AM to 4:00 PM
- B. 9:30 AM to 4:00 PM
- C. 9:30 AM to 4:30 PM
- D. 7:00 AM to 4:30 PM
- 5. An order is entered for 425 shares of XYZ Corporation. Which of the following terms most likely describes the order?
- A. mixed lot
- B. odd lot
- C. round lot
- D. none of these choices
- 6. How are System order