Trading & MarketsPregunta 105 de 125
A trade executed at a price between the current bid and ask is said to occur:
a.Inside the spread (price improvement for the customer)
b.Outside the market
c.At the prior close
d.Only on a dark pool
Explicación
An execution between the prevailing bid and ask occurs inside the spread and represents price improvement compared with paying the full ask or receiving only the bid. Achieving price improvement is one way firms meet their best execution responsibilities to customers.
Practica las 125 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- When an investor sells stock short, the shares delivered to the buyer are:
- A stock dividend (as opposed to a cash dividend) results in:
- An 'all-or-none' (AON) order instructs that:
- The role of a transfer agent for a corporation includes:
- When a bond is quoted at '98', the price the investor pays (excluding accrued interest) on a $1,000 par bond is:
- A buy stop order is typically used by:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con FINRA Series 7 General Securities Representative Exam · Cómo revisamos