Limited Representative - Equity Trader
The Series 55 exam is required for every individual who functions as an "Equity
Trader", as defined by FINRA(NASD). The Series 55 exam is supposed to assure that
traders have more consistent understanding of securities industry rules and
practices. The 55 is not a stand-alone exam; individuals requesting registration
as an Equity Trader also will be required to have the Series 7 or Series 62.
Prerequisite for the Series 55 is the Series 62 exam or the
Series 7 exam.
$85.00 test fee (Form U-4) 3 hour time limit
Series 4 Test Topics
|
Approximate Test
Questions
|
|
NASDAQ Market and Market Maker Activities |
45 |
|
NASDAQ Auto Execution / Trading |
9 |
|
Trade
Reporting Requirements |
18 |
|
General Industry Standards |
28 |
|
|
Total 100
questions |
Securities Exam Preparation, Inc. is a consulting organization specializing
in self-study programs for FINRA(NASD) test preparation -- and in coordinating
registration services for Investment Advisors, Broker Dealers, Commodity Trading
Advisers, and Introducing Brokers.
Click Here to Order Series 55 Products
|
