SC Licensing Exam Module 16 (Set 1)

RM49.90

60 Questions + Answers

3 Apr 2025

SIDC Module 16 Exam Question

Which of the following statements regarding trade price adjustments is false?

a) The Exchange may adjust trade prices or cancel trades where it believes such action is necessary in the interest of an orderly and fair market.

b) The Exchange may review a trade executed on its own volition or upon the request of a Trading Participant.

c) If the price of the trade under review is determined to be within the Non-Reviewable Range, the trade will be cancelled.

d) If the price of the trade under review is determined to be outside the Non-Reviewable Range, the price of the trade may either be adjusted or cancelled as the Exchange sees fit.

Category:

The SIDC Module 16 Examination comprises of 60 questions, time given is 90 minutes and the passing mark is 70%.

 

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