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Finra Series-6 Exam - Topic 3 Question 4 Discussion

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

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

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.


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12 comments · newest first
LO
Lorita 1 year ago
Just to clarify, the bid price is what buyers offer, right?
JO
Joaquin 1 year ago
Wait, is that really what it's called?
TY
Tyra 1 year ago
No way, it's the bid price for sure.
PH
Phung 1 year ago
I thought it was the ask price?
PH
Phillip 1 year ago
It's definitely the bid price!
LI
Linwood 1 year 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.
LO
Louvenia 1 year 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.
LA
Larue 1 year 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.
LE
Leigha 1 year 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.
AL
Alona 1 year 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.
NA
Naomi 1 year 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.
AS
Ashlyn 1 year 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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