Series 99: 2.1.4.4 Continuous Net Settlement

Taken from our Series 99 Top-off Online Guide

2.1.4.4 Continuous Net Settlement

Continuous net settlement (CNS) is a type of clearing practice where buy and sell orders are not settled within a firm until the end of the day, resulting in one net position for the firm for the day. This practice, using a book-entry acco

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For the Series 99 I bought and studied the STC and the Kaplan study manuals and test banks but I pattern matching questions versus fundamentally understanding the content. I stumbled upon the Solomon test bank during a Google search and I am glad that I did. The Solomon test bank went into a lot more detail in the answers which allowed me to better understand the actual content versus just pattern recognition in the questions. Some have said that the Solomon test bank is harder than the test which I think may be true but learning the content at this level of detail is how I was able to feel confident walking in and walking out with a pass on the first attempt.

Garry Kindred Denver, CO

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