TAKING THE SIE EXAM? THERE ARE 23 QUESTIONS ON UNDERSTANDING TRADING, CUSTOMER ACCOUNTS AND PROHIBITED ACTIVITIES
A big chunk of the 75 questions on the Securities Industry Essentials exam is on understanding trading, customer accounts, and prohibited activity. There are 23 questions comprising 31 percent of all questions.
For example, Section 3.1.1 of FINRA's Content Outline includes knowledge of types of orders, such as stop orders, limit orders, and market orders, good-till-cancelled orders, discretionary orders, and solicited/unsolicited orders.
If you are new to the securities industry, you probably have a hazy idea of these types of orders. However, hazy is not good enough to pass the SIE exam. You need to achieve a clear bright picture of when to use stop orders, when to use limit orders, etc.
We indicate here only a few of the topics covered in the SIE's section on trading, customer accounts, and prohibited activities. Bob Eder's Study for the Securities Industry Essentials (SIE) Exam covers the subject in detail.
Study for the Securities Industry Essentials (SIE) Exam can help you prepare for the SIE test. It is available through Amazon in both paperback and Kindle e-book versions. Here is the link to Bob Eder's book on Amazon.
Here is the link to FINRA's Study Outline for the SIE exam. Note Section 3.1.1 on orders and strategies.
Bob Eder received his Juris Doctor (J.D.) degree from the University of Utah, Quinney College of Law, in 2001. He is a member of the Utah State Bar, currently on inactive status.
For example, Section 3.1.1 of FINRA's Content Outline includes knowledge of types of orders, such as stop orders, limit orders, and market orders, good-till-cancelled orders, discretionary orders, and solicited/unsolicited orders.
If you are new to the securities industry, you probably have a hazy idea of these types of orders. However, hazy is not good enough to pass the SIE exam. You need to achieve a clear bright picture of when to use stop orders, when to use limit orders, etc.
We indicate here only a few of the topics covered in the SIE's section on trading, customer accounts, and prohibited activities. Bob Eder's Study for the Securities Industry Essentials (SIE) Exam covers the subject in detail.
Study for the Securities Industry Essentials (SIE) Exam can help you prepare for the SIE test. It is available through Amazon in both paperback and Kindle e-book versions. Here is the link to Bob Eder's book on Amazon.
Here is the link to FINRA's Study Outline for the SIE exam. Note Section 3.1.1 on orders and strategies.
Bob Eder received his Juris Doctor (J.D.) degree from the University of Utah, Quinney College of Law, in 2001. He is a member of the Utah State Bar, currently on inactive status.
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