SC Licensing Exam Module 17 (Set 1)

RM89.90

100 Questions + Answers

3 Apr 2025

SIDC Module 17 Exam Question

Which of the following statements regarding orders is false?

a) Where the customer's order is a careful discretion order, trades allocated to the house error account must not be worse off to that allocated to customer's account.

b) A Representative can execute an order that will have an impact on the market for, or price of, a security or Futures Contract.

c) A Representative is not allowed to purchase substantial volume in a thinly traded counter, which accounts for a large proportion of the market volume, to establish a predetermined price.

d) A Representative should be alert to orders placed near the close on the last trading day of the month, quarter or year.

Category:

The SIDC Module 17 Examination comprises of 100 questions, time given is 150 minutes and the passing mark is 70%.

 

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