Series 10 Exam Question 43: Answer and Explanation
Question: 43
Your brokerage firm acts as a market maker for several high-volume stocks that are quoted on the Nasdaq. What is the firm's consideration for being a market maker?
- A. Commission
- B. Fees
- C. Spread
- D. 5%
Correct Answer: C
Explanation:
Firms that act as market makers in Nasdaq securities are trying to make the spread, which is the difference between the bid and the ask.
Test Information
- Use your browser's back button to return to your test results.
- Do more Series 10 Exam Practice Tests tests.