1. Which of the following have their quotes displayed in the Nasdaq system?
I. UTPs
II. ECNs
III. Market makers
IV. Quotes entered via the ADF
2. A tender offer made by a corporation has been changed, and the offering price has been increased after five days. The offer must remain open for:
3. Your brokerage firm acts as a market maker for several high-volume stocks that are quoted on the Nasdaq. What is the firm's consideration for being a market maker?
4. The inside market is:
I. The highest offer
II. The lowest offer
III. The highest bid
IV. The lowest bid
5. The DMMs on the NYSE:
6. Which of the following assists in the execution of third-market trades?
7. ACT does NOT:
8. Which of the following would be considered firm?
I. A price quoted for a non-Nasdaq security received from a dealer over the phone
II. A two-sided quote for a non-Nasdaq DPP
III. A two-sided bond quote
IV. A two-sided priced quote from a dealer listed in the pink OTC market
9. An investor enters an order to buy 1,000 ABC MOC. Which of the following is FALSE?
