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Card 6

Front

What is a "LIMIT" order?

Back

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Card 7

Front

What is a "GOOD UNTIL CANCELLED" order?

Back

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Card 8

Front

What is a "STOP LOSS" order?

Back

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Card 9

Front

What is an "EXPIRY DATE" order?

Back

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Card 10

Front

What is a "FILL OR KILL" order?

Back

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Card 11

Front

When would a "hub and spoke" third party order routing service be used?

Back

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Card 12

Front

What is FIX?

Back

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Card 13

Front

If a sell-side firm is filling the order as an agent, where will it forward the order to?

Back

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Card 14

Front

Where will the sell-side firm forward an order if it is trading as principle?

Back

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Card 15

Front

How do sell-side firms make money from trading as principle?

Back

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