Series 66: 6.4 Steps In A Typical Securities Trade

Taken from our Series 66 Online Guide

6.4  Steps in a Typical Securities Trade

1. Investor contacts a broker to buy securities.

2. Broker places the investor’s order either by telephoning a trader or by using an electronic trading network.

3. Order is routed to an exchange (NYSE or Nasdaq), a market maker, an Electronic Communications Network, or a registered alternative trading system or other dark pool, which electronically matche

Since you're reading about Series 66: 6.4 Steps In A Typical Securities Trade, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 66
Please Enable Javascript
to view this content!