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Securities Trading and Brokerage Quiz

#1

What does the term 'bid' refer to in securities trading?

The price at which a security is demanded for purchase
Explanation

Bid is the price for buying securities.

#2

Which of the following is NOT a type of brokerage order?

Static order
Explanation

Static order is not a type of brokerage order.

#3

What is the 'spread' in securities trading?

The difference between the price at which a security can be bought and the price at which it can be sold
Explanation

Spread is the difference between buy and sell prices.

#4

What is a 'blue chip' stock?

A stock of a well-established and financially stable company with a history of reliable performance
Explanation

Blue chip stocks are from stable companies.

#5

What is a 'stock exchange'?

A physical location where stocks are bought and sold
Explanation

Stock exchange is where stocks are traded.

#6

What is the 'dividend yield' of a stock?

The annual dividend income per share divided by the current market price per share
Explanation

Dividend yield is annual income divided by price.

#7

What is the role of a brokerage firm in securities trading?

To execute trades on behalf of clients
Explanation

Brokerage firms execute trades for clients.

#8

What does 'short selling' refer to in securities trading?

Selling securities borrowed from a broker with the intention of buying them back later
Explanation

Short selling involves selling borrowed securities.

#9

What is the 'margin call' in securities trading?

A request for additional funds from a broker to cover losses in a trading account
Explanation

Margin call requests additional funds for losses.

#10

What is the 'ticker symbol' of a security?

A unique code assigned to a security for trading purposes
Explanation

Ticker symbol is a unique trading code.

#11

What is a 'market maker'?

A brokerage firm that matches buy and sell orders in the market
Explanation

Market makers match buy and sell orders.

#12

What does the 'P/E ratio' indicate about a stock?

The price of the stock relative to its earnings per share
Explanation

P/E ratio is price relative to earnings.

#13

Which regulatory body oversees securities trading in the United States?

Securities and Exchange Commission (SEC)
Explanation

SEC oversees securities trading in the US.

#14

What is 'arbitrage' in securities trading?

The process of buying and selling securities to profit from price differences in different markets
Explanation

Arbitrage exploits price differences in markets.

#15

What is 'insider trading'?

The practice of buying and selling securities based on confidential information not available to the public
Explanation

Insider trading uses confidential information.

#16

What is 'securities lending'?

The practice of temporarily transferring securities from one investor to another in exchange for a fee
Explanation

Securities lending is temporary transfer for a fee.

#17

What is 'capital gains tax'?

A tax on the profit from the sale of a capital asset
Explanation

Capital gains tax is tax on asset sale profit.

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