Series 24: Percent Of Volume (POV) Trades

Taken from our Series 24 - FINRA General Principal Qualification Examination

Definition of the term Percent Of Volume (POV) Trades...

trades that try to minimize their impact on the market by weighting sales to a stock’s percentage of trading volume over a given time.

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I was very apprehensive about the Series 24 exam prior to taking it. Everyone I knew who had taken it informed me that it was an incredibly difficult test, with questions that were meant to trick you. After following Solomon's six week study outline and making flashcards for my weakest areas, I was averaging in the high 80s on the Solomon practice exams. That gave me the confidence I needed to walk into the test center feeling prepared, and the knowledge I needed to walk out of the test center having scored an 88. I am now recommending the Solomon Series 24 materials to everyone at the office!

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