SIE Exam Question 912: Answer and Explanation

Question: 912

Which of the following is the electronic service that provides quotation information for stocks traded on the AMEX, NYSE, and other regional stock exchanges, and also includes issues traded by FINRA member firms in the third market?

• A. Alternative Trading System
• B. Consolidated Quotation System
• C. National Service Clearing Corporation
• D. Trade Reporting and Compliance Engine

Correct Answer: B

Explanation:

The Consolidated Quotation System (CQS) is the electronic service that provides quotation information for stocks traded on the AMEX, NYSE, and other regional stock exchanges, and also includes issues traded by FINRA member firms in the third market.