FINRA Series 63 (NASAA)

Category - Series 63

Start a Study Session Sign up for Question of the Day

You execute a stock transaction for a client on Thursday, September 23^rd. The settlement date on the order ticket will be

Thursday, September 23^rd.
Monday, September 27^th.
Friday, September 24^th.
Tuesday, September 28^th.

Explanation

Answer: D - If you execute a stock transaction for a client on Thursday, September 23^rd, the settlement date for that trade will be Tuesday, September 28^th, which is T + 3, meaning three business days after the trade date.

Was this helpful? Upvote!

Start a Study Session Sign up for Question of the Day

Most popular on PracticeQuiz

219 votes

You are attempting to gather information from a patient, but they are having a hard time trying to communicate since they were hit in the throat by a baseball bat. What is the function of the vocal cords? NREMT Advanced EMT
209 votes

An 8-year-old boy named Albert has a 10-year-old brother named Benny. Benny joins the service at 20 leaving Albert feeling bitter that he no longer has a brother to look up to. After 7 years, Albert is finally ready to make up with Benny who has been out of the service for 5 years. How old is Albert now? GED Exam Prep: Math
185 votes

Using motivation from ‘within’ is called ______________. CPCE Exam Prep
177 votes

The lymphatic system contains four organs: Medical Coding Exam Prep
127 votes

“A set of specialized organizational capabilities for providing value to customers in the form of services” is the official definition of: IT Service Management Foundation Practice Test

FINRA Series 63 (NASAA)

Top questions

Related questions

Most popular on PracticeQuiz

Ad-Blocker not supported

FINRA Series 63 (NASAA)

Top questions

Related questions

Most popular on PracticeQuiz