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Unit 2: Trading

Total questions: 25

Worksheet time: 14mins

Name
Class
Date
1.

Give full form of SBTS.

(a)  

2.

NSE has a main computer which is connected through (a)   installed at NSE office.

3.

The main computer runs on a fault tolerant (a)   mainframe computer at the exchange.

4.

_________ is the market phase in which the trading member can set up the market watch.

a)
Opening
b)

Pre-open

c)

Normal

d)

None of the above

5.

The pre-open session is of ____________ mins.

a)
15 mins
b)

10 mins

c)

20 mins

d)

25 mins

6.

The temporary sign off is automatically activated when the user is inactive for a period of ____ minutes.

a)

15 mins

b)

5 mins

c)

2 mins

d)

4 mins

7.

Arrange the following criteria of equilibrium price determination in correct order.

A. Price at which there is minimum unmatched quantity

B. Price at which maximum volume is executable.

C. Price closest to the previous day's closing price.

D. Previous day's closing price itself

a)

A-B-C-D

b)

B-A-C-D

c)

B-C-D-A

d)

A-B-D-C

8.

In the NEAT screen, ________ is the main area of focus for a trading member and allows continuous monitoring of the securities.

a)

Tool bar

b)

Message window

c)

Market watch

d)

Market by price

9.

___________ feature of NEAT allows a trading member to get instantaneous market information on any desired security.

a)

Market watch

b)

Snapquote

c)

Information window

d)

Security list

10.

This feature of NEAT screen enables the user to view messages broadcast by the exchange such as corporate actions, any market news and auction related information etc.

a)

Market Watch window

b)

Ticker window

c)

Inquiry window

d)

Message window

11.

What is the purpose of Previous Trades?

a)

Enable user to view outstanding orders in the market aggregated at each price.

b)

To provide security-wise information to users for own trades.

c)

  To set up and view trading details of securities that are of interest to users.

d)

To view the outstanding orders for a security.

12.

What is the purpose of Activity Log?

a)

To set up and view trading details of securities that are of interest to users.

b)

To view the outstanding orders for a security.

c)

  To look into the status of one of dealer’s own specific orders.

d)

To show all the activities that have been performed on any order belonging to that user.

13.

A 'P' will be displayed for ________ orders in Activity log screen.

a)
Pending
b)

Pre-open    

c)

Modified

d)

  Cancelled

14.

What does B indicate in Activity log screen?

a)

Indicates pending Buy order.

b)

Indicates a match for Buy orders.

c)

Indicates a pre-open Buy orders.

d)

Order was modified.

15.

What is the purpose of Market Inquiry screen?

a)

To enable the user to view the market statistics for a particular market.

b)

To provide information to the user regarding the movement of a security for the current day.

c)

To look into the status of one of dealer’s own specific orders.

d)

Shows all activities that have been performed on any order belonging to that user.

16.

What is the purpose of Market Movement screen?

a)

To enable the user to view the market statistics for a particular market.

b)

To provide information to the user regarding the movement of a security for the current day.

c)

To look into the status of one of dealer’s own specific orders.

d)

Shows all activities that have been performed on any order belonging to that user.

17.

In Auction inquiry screen, what does F indicates?

a)

Auction is in solicitor period.

b)

Auction is deleted.

c)

Auction is finished.

d)

System is matching the orders.

18.

In this market phase, equilibrium price is determined.

a)

Market close

b)

Post-close market

c)

Opening

d)

Pre-open

19.

Block Trading session is available for the next _______ minutes from the open of Normal Market.

a)

15 min

b)

20 min

c)

30 min

d)

35 min

20.

In the auction market, the party who enters orders on the opposite side as of the initiator is called __________?

a)

Auctioneer

b)

Solicitor

c)

Bidder

d)

Competitor

21.

_____________ are users at the lowest level of hierarchy. They can view and perform order and trade related activities only for themselves.

a)

Branch Manager

b)

Branch Operations Manger

c)

Corporate Manager

d)

Dealers

22.

If a question mark (?) appears on the extreme right-hand corner for a security, what does it indicate?

a)

Security is suspended.

b)

Security is not currently trading.

c)

Information being displayed is not latest.

d)

None of the above

23.

What is the default password provided by the exchange for the trading member?

a)

NEATCM

b)

NEAT@TM

c)

NEATTM

d)

NEAT@CM1

24.

____________ is the phase after normal open market during which users have inquiry access only.

a)

Market close

b)

Post-close market

c)

SURCON

d)

None of the above

25.

In this market phase, further orders are not accepted but users are permitted perform activities like inquiries and trade cancellation.

a)

Market close

b)

Post-close market

c)

SURCON

d)

Pre-open