Series 55 Exam Secrets Study Guide: Series 55 Test Review for the Equity Trader Qualification Examination

Get the test prep help you need to be successful on the Series 55 test.

The Series 55 Exam is extremely challenging and thorough test preparation is essential for success. Series 55 Exam Secrets Study Guide is the ideal prep solution for anyone who wants to pass the Series 55 Exam.

Series 55 Exam Secrets Study Guide includes:

• A thorough overview of the Series 55 Exam
• A breakdown of trading
• An analysis of order handling
• An examination of record keeping and regulatory reporting

It's filled with the critical information you'll need in order to do well on the test: the concepts, procedures, principles, and vocabulary that the Financial Industry Regulatory Authority (FINRA) expects you to have mastered before sitting for the exam.

The Trading section covers:

• Market maker
• Clearly erroneous transaction
• Discretionary order, reserve order, and limit order
• System routing options
• Stabilizing
• Penny stock
• OTC bulletin board service

The Order Handling section covers:

• Determining if a member is using reasonable due diligence in a transaction
• Average effective spread and average realized spread
• Situations in which a broker-dealer may mark an order short exempt
• Record Keeping and Regulatory Reporting
• Transmitting transaction reports to the ADF
• Transactions that do not require reporting to the FINRA/Nasdaq trade reporting facility
• Information a reporting member is required to record

These sections are full of specific and detailed information that will be key to passing the Series 55 Exam. Concepts and principles aren't simply named or described in passing, but are explained in detail. The guide is laid out in a logical and organized fashion so that one section naturally flows from the one preceding it. Because it's written with an eye for both technical accuracy and accessibility, you will not have to worry about getting lost in dense academic language.

We've helped thousands of people pass standardized tests and achieve their education and career goals. We've done this by setting high standards for our test preparation guides, and our Series 55 Exam Secrets Study Guide is no exception. It's an excellent investment in your future.