Placement
Quiz
Complete the following quiz in
order to determine which course level is most appropriate for
your.
1.
What order goes only to the Market Makers?
Choose one
Smart Market
SMTG (Super Montage)
Island
All the above
3. Name at least 5 ECN's by
their symbol? (enter
NA if you don't know)
4. Which of the following would
be considered to be SMTG (Super Montage)?
Choose One
Forced
order execution system
Preference System
Electronic
communication network
Telephone transaction
5. In the QUALCOMM market maker
box above, how many shares is MLCO trying to buy?
Choose One
10 Shares
100 Share
1000 shares
10,000 Shares
6. At what price is SLKC
trying to bid shares in QUALCOMM?
Choose One
$68.75
$68.49
$68.63
Amount is not shown
7. Which market makers would be
willing to buy your 300 shares of QUALCOMM?
MWSE INCA VNDM ARCA HRZG
Choose One
1
2
3
4
(Questions
8 through 11 refer to the image below)
Click
the image to enlarge
8. In the SUNW chart above, the
letter A represents:
Choose One
Support Line
Resistance Line
9. In the SUNW Chart, the letter
B represents:
Choose One
A-SHOULDER
B-MOVING AVERAGE
C-BOLLINGER BAND
D-HEAD
10. If you saw this stock SUNW at
10 and it was going down, at what price would you initially be Focused
on buying it (using the choices below) ?
Select One
$9.50
$9.25
$9.00
$8.75
11. If a stock breaks a Support
Level, what does that Support level become
Choose One
A. The new
support level
B. The old
resistance level
C. The
new resistance level
D. The old
support level
(Questions 12
through 14 refer to the image below) Click
the image to enlarge
Select Net Island ACT SMTG
Choose One
1
1 and 2
2 and 4
1, 3 and 4
13. You want to sell 100 shares
of ERICY immediately, what type(s) of order(s)
Select Net SMTG ACT ECN
Choose One
1
1 and 4
1 and 3
1, 2, 3 & 4
14. What is the low on the day for
ERICY?
Choose One
$7.18
$7.06
$6.91
$6.92
15. What was the close on the previous
day for ERICY?
Choose One
$7.18
$7.06
$6.91
$6.92
(Question 15
through refers to the image below)
Click the image to enlarge
16. You own 1000 shares of HRMIE
in which you would like to sell immediately. Your order to
sell your 1000 shares would involve how many market makers.
5 8 6 1
Choose One
1. 5
2. 8
3. 6
4. 1
17. ECN's allow you to do the
following?
To become a market maker To force other market makers
to buy and/or sell stock The ability to see other buyers
and sellers Provides a vehicle that allows
you to negotiate in the market
Choose below
1, 2 and 4
1,3 and 4
2,3 and 4
1,2,3 and 4
Thank
you for completing the placement test!
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submit, you may want to print this test for your records.
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