Test your basic knowledge |

Stock Market Basics

Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. NASDAQ is a computer network with no physical location and has a multiple market maker system rather than a specialist system






2. The system that prints or dsplays last sale prices and the volume of securities transactions on exchanges on a moving tape






3. Once the stock price reaches the preset stop price the order is converted ito a limit order






4. Detailed acct of company's financial position - its operations - and its investment plans for the future which is submitted to SEC for approval






5. Difference between closing price of previous day and current day






6. A market characterized by falling prices for securities






7. For efficient trading - not used in 1. less liquid stocks 2. during the opening and close of trading sessions 3. during times of market duress






8. Fund that pools the savings of many individuals and invests this money in a variety of stocks - bonds - and other financial assets






9. New York Stock Exchange






10. The most basic form of ownership - including voting rights on major issues - in a company






11. The market in which securities that are not listed on exchanges are traded






12. When issuer sells the entire issue to the underwriters






13. A list of the financial assets held by an individual or a bank or other financial institution






14. An order to a broker to sell or buy stocks or commodities at the prevailing market price






15. Bid- price dealer is willing to pay - ask- price dealer will sell at






16. An increase in price or value of a stock






17. A group of underwriters formed to share the risk and to help sell an issue






18. New York Stock Exchange






19. NASDAQ was opened to his which is a website that allowed investors to trade directly with one another;






20. Dealer- has inventory like car dealer - broker- brings buyers and sellers together (like real estate broker)






21. Stock from nationally recognized companies which dominate the industry often having annual revenue of one billion or more






22. A certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money






23. That part of the earnings of a corporation that is distributed to its shareholders






24. Also known as uniform price auction b/c all successful bidders pay the same price






25. For efficient trading - not used in 1. less liquid stocks 2. during the opening and close of trading sessions 3. during times of market duress






26. Buying a stock at a price you set






27. The person(s) resposible for implementing a fund's investing strategy and managing its portfolio trading activities






28. NASDAQ is a computer network with no physical location and has a multiple market maker system rather than a specialist system






29. A measure of stock market prices based on thirty leading companies of the new york stock exchange and nasdaq






30. The system that prints or dsplays last sale prices and the volume of securities transactions on exchanges on a moving tape






31. A group of underwriters formed to share the risk and to help sell an issue






32. Order to sell shares if the stock price falls to a specified stop price above the current stock price; also called stop-loss b/c it is usually intended to limit losses on a long position






33. Securities market where dealers buy and sell securities for their own inventories; NASDAQ is one example






34. Fund that pools the savings of many individuals and invests this money in a variety of stocks - bonds - and other financial assets






35. A division of shares of a company into a larger number of shares. (A 2 for 1 allows a shareholder to double the number of shares but worth one half of their previous value - like trading a $10 for 2 $5's)






36. Buys & sells for clients at a reduced commission. They offer little or no investment advice.






37. All of the investments - including stocks - bonds - mutual funds - options - and commodities - that are traded






38. The person(s) resposible for implementing a fund's investing strategy and managing its portfolio trading activities






39. A corporation's first offer to sell stock to the public






40. Trading that occurs off the exchange on which the security is listed and fourth market is the direct trading of exchange-listed securities maong investors






41. Securities initially offered only to existing owners






42. Another name for IPO - b/c shares are not available to the public before the IPO






43. Amount that you invest in securities






44. Stop order is where the customer specifies a stop price in which once it's reached - it is converted into a market order






45. Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights






46. Difference between closing price of previous day and current day






47. An order to a broker to sell or buy stocks or commodities at the prevailing market price






48. Trading that occurs off the exchange on which the security is listed and fourth market is the direct trading of exchange-listed securities maong investors






49. Buying a stock at a price you set






50. A market characterized by rising prices for securities







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:

Browse all subjects

Browse all tests

Most popular tests



Major Subjects

Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Browse all subjects

Browse all tests

Most popular tests