Series 3: 1.3.4.4. The Clearing And Settlement Process

Taken from our Series 3

1.3.4.4. The Clearing and Settlement Process

A trade is cleared when the two sides of a trade compare its details to make sure that they match and arrange for the transfer of funds and securities. A trade is settled when the transfer of funds is completed.

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: 1.3.4.4. The Clearing And Settlement Process, you might also be interested in:

Series 79 - Savings Bonds

Series 82 - 3.4.3.1.5. Liquidity Risk

Series 82 - 1.2.1.7.1. Misappropriation Theory of Insider Trading

Series 65 - Special Subscription Form

Series 52 - Customer Account Transfers

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

Very excited to pass the Series 66! The Solomon practice exams were very helpful to understand the concepts and fundamentals of the questions. I would highly recommend Solomon Exam Prep for all FINRA exams. Make sure to have a good grasp on agent registration and suitability when taking the 66. Thank you Solomon!

Blake Rossman, TrueWealth. Bellevue, WA

I really would like to thank Solomon Exam Prep for helping me pass my Series 63 exam this past Friday! The website is easy to understand and I passed on the first time using their study guide!

Stephanie Oliver, MSRS, Minneapolis, MN

What a relief. I didn't get a chance to study that much, but your online sample questions were spot on and the reason why I passed [the Series 79].

Andrew Y., Pacific Palisades, CA