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PDP - Brokers & Execution

Authored by Exness Trainers

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KG - 1st Grade

Used 3+ times

PDP - Brokers & Execution
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10 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is Instant Execution?

Orders executed by the available market priceOrders for the immediate purchase or sale of a security

Orders for the purchase or sale of a security in the future

Orders executed by the client's requested price

Orders for the immediate purchase or sale of a security

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is Market Execution?

Orders executed by the available market price

Orders executed by client’s requested price

Orders for the purchase or sale of a security in the future

Orders for the immediate purchase or sale of a security

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

In which account can I get market execution?

Cent

Mini

Classic

ECN

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a dealing desk?

Dealing desk means brokers manually processes clients' orders.

Dealing desk means brokers automatically processes clients' orders.

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What is not a feature of a market maker?

They determine prices based on market conditions

They need to have enough free capitals

They send clients orders to be executed at the interbank market

They are large financial companies or banks

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What does ECN stand for?

Electronic Commerce Network

Electronic Communications Network

Electronic Change Notification

Electronic Contact Network

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What kind of broker is Exness?

ECN Broker

Market Maker Broker

Market Maker Broker providing ECN as well

STP Broker

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