STUDY FOR THE SECURITIES INDUSTRY ESSENTIALS EXAM (SIE) EXAM

If you plan on taking the Securities Industry Essentials (SIE) exam, are you prepared for questions asking about "market structure"? FINRA lists Market Structure under 1.2 of its  SIE Content Outline . Market Structure includes types of markets in the securities industry. For example, what is the difference between the primary market and the secondary market? What does the third market entail, and who are the participants? How about the fourth market? Do you know the difference between the markets, such as the fourth market and the primary market? Bob Eder's text Study for the SIE Exam contains a full discussion of Market Structure on page four, five and six, giving examples and practice questions. Here is the link to FINRA's Content Outline for the SIE exam.  See especially Market Structure under 1.2 of FINRA's Content Outline. Study for the Securities Industry Essentials (SIE) Exam  is available from Amazon in both paperback and Kindle e-book versions.  Here is...

Planning to take the Securities Industry Essentials (SIE) exam soon? Be prepared for questions asking about depository clearing corporations. Can you say in one sentence the purpose and function of the Depository Trust & Clearing Corporation (DTC)? No response? Then you are like most SIE candidates, so don't feel too bad! Bob Eder's Study for the SIE Exam covers the definition and functions of the DTC, as well as the Options Clearing Corporation and ACATS. Here is a section from Bob Eder's book taken from page 12: Depository Trust & Clearing Corp. (DTCC) (1.1.4)  "The Depository Trust provides clearing and transfer services to the brokerage industry in the U.S. and throughout the world. With volume of securities trades approaching millions on a daily basis, imagine brokerage operations without a centralized entity that could match buys with sells, and keep brokerage firm back offices running smoothly and efficiently. What chaos without an organization like the...

Study Guide Reference Numbers for the SIE exam. We follow the syllabus and content outline published by FINRA for the Securities Industry Essentials (SIE) exam. As an aid for our readers, we have included FINRA outline numbers for reference both in the text and in the two exams at the end of the book. The SIE exam does not quiz a candidate on the outline numbers. We insert them in our book solely for those readers who want to refer to the outline. Furthermore, these references demonstrate to you our reader that we have not inserted extraneous material that is not covered by the SIE exam. We list the outline numbers listed in FINRA's Study Guide, such as (1.2.3) or (2.4.2). If you wish, you can freely disregard these reference numbers, but they can help you, if you wish, locate the topic in FINRA's Study Guide. Here is the link to FINRA's Content Outline for the SIE exam. Study for the Securities Industry Essentials (SIE) Exam  is available from Amazon in both paperback and ...