Practice Quiz

FINRA Series 7

Category - Series 7

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What does the following mean when printed on the stock exchange ticker tape?
  1. one hundred shares of MST traded on the exchange and appear out of order on the tape
  2. trading was suspended on MST pending dissemination of news
  3. the last sale of MST was for 100 shares at 98.25
  4. the preceding transaction in MST was tow or more points different than 98.25
Explanation
Answer: A - one hundred shares of MST traded on the exchange and appears out of order on the tape. The ticker symbol followed by “SLD” means that the print is out of sequence.
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