Finra Series-6 Exam - Topic 8 Question 1 Discussion

Actual exam question for Finra's Series-6 exam

Question #: 1
Topic #: 8

[All Series-6 Questions]

All government bonds and the majority of corporate bonds are traded:

Aon the floor of the NYSE .

Bvia electronic communication networks (ECNs).

Con regional exchanges.

Din the over-the-counter market.

Show Suggested Answer

Suggested Answer: D

All government bonds and the majority of corporate bonds are traded in the over-the-counter market.

by Ruthann at May 04, 2022, 11:23 AM

Limited Time Offer

25%

Off

Get Premium Series-6 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Jennie

7 months ago

I had no idea they were mostly OTC, that's interesting!

upvoted 0 times

...

Wenona

7 months ago

ECNs are mostly for stocks, bonds are different.

upvoted 0 times

...

Lizbeth

7 months ago

Wait, are you sure about that? I thought some were on the NYSE.

upvoted 0 times

...

Brynn

7 months ago

Totally agree, OTC is where the action is!

upvoted 0 times

...

Bev

8 months ago

Most bonds are traded OTC, not on exchanges.

upvoted 0 times

...

Isabella

8 months ago

I’m pretty confident that most bonds are traded OTC, but I should double-check my notes just in case.

upvoted 0 times

...

Murray

8 months ago

I remember practicing a question that mentioned ECNs, but I feel like that was more about stocks than bonds.

upvoted 0 times

...

Orville

8 months ago

I think government bonds are mostly traded over-the-counter, but I’m not entirely sure about corporate bonds.

upvoted 0 times

...

Glynda

8 months ago

I’m leaning towards option D, but I vaguely recall something about regional exchanges being involved too.

upvoted 0 times

...

Art

8 months ago

Hmm, I'm a bit confused by the different tiers and redemption rules. I'll need to make sure I understand the details before trying to answer this.

upvoted 0 times

...

I've got this one! The key is that we need to check the room availability when the request is made, so it has to be a server-side process. In-browser and functional programming wouldn't be able to do that dynamic real-time check. Server-side is definitely the way to go.

upvoted 0 times

...