CSI CSC1 Exam - Topic 3 Question 3 Discussion

Actual exam question for CSI's CSC1 exam

Question #: 3
Topic #: 3

TDF Dealer's liability desk purchases 5,000 shares of a stock with a market order at $15 bid, $15.20 ask. The desk later sells the shares with a market order at $15.25 bid, $15.40 ask. What is TDP Dealer's gain on the trades?

A$250.

B$1,250

C$1, 000.

D$2,000.

Show Suggested Answer

Suggested Answer: C

The gain is calculated as:

Buying Price: 5,000 shares purchased at $15.20 = $76,000.

Selling Price: 5,000 shares sold at $15.25 = $76,250.

Profit Calculation: $76,250 - $76,000 = $1,000.

This reflects the gain from executing the market orders at the respective bid-ask prices.

by Darci at Aug 07, 2026, 02:52 AM

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Tammi

18 hours ago

They bought at $15.20 and sold at $15.40.

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Brice

6 days ago

I’m leaning towards $1,000, but I could be mixing up the numbers. I should have practiced more on these types of questions.

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Willodean

11 days ago

I feel like the answer might be $1,250, but I’m not confident. I need to double-check the calculations for the total shares.

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Dorothy

16 days ago

I remember a similar question where we had to calculate gains from market orders. I think we need to look at the ask price when buying and the bid price when selling.

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Gabriele

21 days ago

I think the gain is based on the difference between the buy and sell prices, but I'm not entirely sure how to calculate it for 5,000 shares.

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