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 matches buyers and sellers and does not require the use of an exchange or

+ Read More

More Series 66 Info

What are people saying?

Create an Account

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

Series 7 - Chapter Fourteen: Customer Accounts

Series 65 - Memory Tricks for Orders

Series 3 - 5.3.7. Carry vs. Inverted Spreads

Series 65 - 3.7.3. Variable Annuities

Series 50 - Tax Anticipation Notes (TANs)

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Thanks to you guys, I passed my Series 7 the first time around on Tuesday the 21st. The information given was not only accurate but easy to absorb due to the way the material was set up in your course. I will back to study the Series 66 with you.

Albert Jose, AXA Advisors, Menifee, CA

Thank you so much for your great study materials! I have used Kaplan in the past and this is so much better! I used your study materials to get an 84% on my Series 7 and an 85% on my Series 66! Keep up the good work!

Ivan Griffin, Roach, MO

I passed the Series 66 exam with an 83 this morning! I wanted to personally thank you for all the help you have given me. Your method of presenting the information needed to pass these exams is outstanding (I only had two weeks to study). In the future I wouldn't even consider using another resource to tackle the preparation for a Series exam. Moving forward in my career I will be sure to pass this information on to friends and colleagues without hesitation.

Michael F. Lee, Jr. Hatteras Funds, Raleigh, NC

I passed my Series 66, 1st try. Your audiobook was the game changer for me. Thank you!

S Stephens, Merrill Lynch. Orlando, FL

Solomon exam prep materials are the best! I have passed the SIE, Series 7, and Series 66 in less than 12 months using their materials. Their products are fantastic! The practice exams are excellent, and the probability calculator is spot on. I followed the provided customized study plan and took practice exams (over 20 lol) until my probability calculator was in the green (indicating a higher probability of passing) and the rest is history. There are no shortcuts. You must put in the work and stay disciplined, but the Solomon program WORKS and I would HIGHLY RECOMMEND them to anyone looking for amazing, comprehensive study materials to prepare for industry examinations.

Brandon Collins, Benchmark. Memphis, TN

I have taken and passed the SIE, Series 7, and Series 66 using this amazing Solomon study program. Each time, I felt prepared for the exam and confident in my answers. Solomon's study structure and varying mediums of study make it interactive and easy to learn.. It's an amazing deal for the tools received. I would highly recommend this program!

Abbigayle Hanoch, LPL Financial. Ventura, NM