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Finra Series-6 Exam - Topic 3 Question 4 Discussion

Actual exam question for Finra's Series-6 exam
Question #: 4
Topic #: 3
[All Series-6 Questions]

The price at which an investor can sell a security to a market maker in the over-the-counter market is called the:

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Suggested Answer: C

An investor can sell a security to a market maker in the over -the-counter market at the bid price, which is the price at which the market maker is willing to buy the security.


by Freeman at May 07, 2022, 12:52 AM

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Lorita
4 months ago
Just to clarify, the bid price is what buyers offer, right?
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Joaquin
4 months ago
Wait, is that really what it's called?
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Tyra
4 months ago
No way, it's the bid price for sure.
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Phung
4 months ago
I thought it was the ask price?
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Phillip
5 months ago
It's definitely the bid price!
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Linwood
5 months ago
I remember the ask price is what you pay to buy, so that can't be right. I think it's definitely between the bid and sale price.
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Louvenia
5 months ago
I keep getting confused between the bid price and the sale price. I think the bid price is correct, but I need to double-check that.
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Larue
5 months ago
I practiced a similar question where the terms were mixed up. I feel like the ask price is what sellers want, so that can't be it.
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Leigha
5 months ago
I think the answer might be the bid price, but I'm not entirely sure. I remember something about how it's the price buyers are willing to pay.
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Alona
5 months ago
I'm a bit confused by the different date ranges in the options. I'll need to double-check the requirements to make sure I understand what they're looking for.
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Naomi
5 months ago
I'm not completely sure, but I feel like we practiced a question where only cores could connect, which makes option B seem possible, but I could be mixing things up.
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Ashlyn
5 months ago
I can't recall the exact number, but I know it's a higher limit. Maybe around 25 or 30?
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