STUDY FOR THE SECURITIES INDUSTRY ESSENTIALS EXAM (SIE) EXAM

  Do you have plans to take the Securities Industry Essentials Exam (SIE)? If so, be forewarned that the SIE exam question bank includes questions on Market Structure, such as the primary market, the secondary market, the third market, and the fourth market. Make sure that you can adequately explain to yourself the differences between these four different market structures. How do we know that the SIE Exam contains questions on these Types of Markets? FINRA tells us in its SIE Content Outline in Section 1.2.1. Bob Eder in his Study for the Securities Industry Essentials (SIE) has a full explanation of these types of markets and  market structure . Here is a sample of Bob Eder's treatment: Third Market                                     (1.2.1) Many times shares of a stock are listed on an exchange, such a...

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...

If you are planning to take the Securities Industry Essentials (SIE) exam, be prepared for questions on different types of markets. For example, the SIE Study Outline available from FINRA lists types of markets (1.2.1), such as the primary market, the secondary market, the third market, and the fourth market.  Make sure you know the difference between these markets before you go in to take the test. Bob Eder's Study for the Securities Industry Essentials (SIE) Exam covers these different types of markets, as well as all the topics listed in FINRA's Content Outline in some depth. Here is the link to FINRA's Outline . Bob Eder's book is available through Amazon either in paperback or Kindle e-book versions. Here is the link to Study for the Securities Industry Essentials (SIE) Exam at Amazon. P.S. You will need to take and pass the SIE exam before your Series 6 or Series 7 license can become effective.