SIE Understanding Trading, Customer Accounts and Prohibited Activities Question 25: Answer and Explanation

Question: 25

Which of the following refers to the position of an investor who owns a security?

• A. Liquid position
• B. Contingent position
• C. Long position
• D. Short position

Correct Answer: C

Explanation:

C: Choice C is correct because a long position is the typical term for owning a security. Choices A, B, and D are incorrect.