Series 14: 2.7.1. Crossing Orders

Taken from our Series 14 Online Guide

2.7.1. Crossing Orders

On the NYSE, a crossing order is when a member firm receives an order to both buy and sell the same security at the same price. When this occurs, an NYSE member firm is not allowed to immediately cross the order within the firm; they must first offer the security to the public (by announcing it on the trading floor) at $.01 higher than the bid price. If the offer is not taken, then the member may fill the crossing order.

Example:

+ Read More

More Series 14 Info

What are people saying?

Create an Account

Since you're reading about Series 14: 2.7.1. Crossing Orders, you might also be interested in:

SIE - 8.4.4.1. Buy and Sell Orders

SIE - Exercise

Series 52 - 4.5.7. Maturity

Series 22 - Power of Attorney

Series 65 - Introduction

Series 66 - 3.6.4.11 Variable Annuity Regulations

Series 53 - 3.3.1. Guaranteeing Against Loss

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I would like to say a big thank you to Solomon for helping me pass my Series 14 exam. I took this exam the first time and missed passing by few marks. I was really sad and discouraged so reached out to Jeremy Solomon and he really took the time to talk to me and provide his guidance and advice. He also provided me with additional resources immediately to help with my second attempt. I recently passed this exam. Their study material is easy to understand and the Online Exam Simulator also has a lot of questions chapter-wise which were very helpful. Their customer service has been amazing and very responsive. Thank you Solomon. I will definitely recommend Solomon for anyone planning to take this exam.

Rachna Shah, CBRE. Beverly Hills, CA

Five decades in the muni business didn't guarantee I'd pass the Series 50 pilot exam. (Just knowing content doesn’t mean you are ready for the test.) Thankfully, my Solomon Exam Prep materials were fantastic at teaching complex subject matter in a way that made the answers clear, and I passed the test with ease.

If you plan to take the Series 50 exam, then I strongly recommend that you give yourself the edge that Solomon's study materials provide.

John Canney, Municipal Advisors Group Boston, MA

I followed the Solomon recipe for success and passed the Series 63 on my first attempt!!

Jaime Avery, John Hancock, Boston, MA

Solomon Exam Prep material was great. Explained in a way that is easy to learn and follow. Test questions really help the material sink in. I had failed the Series 66 twice using another service. When it came time to find new material for the Series 65 and Series 63 Solomon was it. I passed both the 65 & 63 with flying colors and I have Solomon to thank for that.

Jeff Champigny, Merrill Lynch, Greensboro, NC

I passed the Series 65 exam on my first attempt. Your practice exams really helped. Thanks again.

Colin Tucker, Little Rock, AR

I prepared for the Series 50 (Municipal Advisor) exam using your materials and was extremely satisfied. Having the materials in multiple written and audio formats provided a lot of flexibility in where and when I could study. The scope of the Series 50 exam is so broad that even very experienced individuals would benefit by this type of preparatory course. I highly recommend this product.

Derek Morse, Morse Associates Consulting, LLC, Reno, NV