Series 14: 2.7.4. Close-Outs Of Uncompleted OTC Trades

Taken from our Series 14 Online Guide

2.7.4. Close-Outs of Uncompleted OTC Trades

One of the main advantages of securities exchanges is the reduction of counterparty risk. Counterparty risk is the risk that one party to an agreement will default on its obligations, such as the seller in a securities trade failing to deliver the securities on time, or the buyer rejecting a properly made delivery because it is unable to pay on time. In general, completing a securities trade “on time” means completi

+ Read More

More Series 14 Info

What are people saying?

Create an Account

Since you're reading about Series 14: 2.7.4. Close-Outs Of Uncompleted OTC Trades, you might also be interested in:

Series 52 - 7.5.1. Expansionary vs. Contractionary

Series 24 - Selected Dealers Agreement (Selling Group Agreement)

Series 7 - 3.6.13 Rule G-13—Published Municipal Securities Quotations Must Be Firm

Series 3 - 6.1.6.1.1. Fiscal Policy Defined

Series 14 - 7.3.2.2. Investment Adviser Representatives

Series 66 - 3.1.5.1. Redemption of Mutual Fund Shares

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

The Solomon practice quizzes and exams provided an excellent simulation for the Series 7 exam. I highly recommend. Passed on the first try!

Justin Wiles, GW & Wade, Palo Alto, CA

Thank you so much Solomon Exam Prep. I took the SIE exam today and passed it the first try. Couldn't have done it without your help. Thank you again.

Cathy Villano, Eastchester, NY

I passed the 24 the first time with the help of the Solomon materials. The online course and the exams really helped focus in and clarify what was important. I've recommended them to all of my colleagues!

Corrinne Kaucher

I passed my Series 65 today with an 80, first effort! Not only was the material well laid out, but if it's possible, the Solomon prep made the material palatable and understandable. Amazing!!! I have used Kaplan in the past as well as STC, which are both very good, but I chose Solomon because it had audio downloads. With an hour commute, I was able to study during that otherwise wasted time.

Additionally, the "Ask the Professor" and live chat features were excellent!! Questions were answered virtually immediately by personal email from author/owner Jeremy Solomon and he actually called me to help me and cheer me on! I didn't think this kind of customer service and general human kindness existed anymore. He even asked me to let him know personally my results which, thanks to this program, I am on the other side of this very difficult exam.

Thank you Solomon Exam Prep!!!!!

Carol Gallagher, TIAA, Syracuse, New York

I am so happy to announce that I passed the SIE on July 1st! Thank you, Solomon the book, videos, and exam simulator were the best! I went to the test with confidence, and I must say I felt like I was prepared for every question. I had more than enough time to complete all the questions and reviewed my answers. Series 6, here I come! Let's Go, Solomon!

Leanene Carriere, Nameloc Inc. Houston, TX