Series 3: 1.3.4.4.2. The Clearing Process

Taken from our Series 3

1.3.4.4.2. The Clearing Process

Once a trade is executed, the exchange notifies the executing brokerage, which in turn delivers the match to its clearing firm. Each clearing firm submits the trade to the clearinghouse and checks the terms of the two orders to confirm the match. The clea

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: 1.3.4.4.2. The Clearing Process, you might also be interested in:

Series 50 - Chapter 1 Practice Questions

Series 65 - 10.6.2.3. Presenting Performance Information

Series 27 - Supervisory System

Series 51 - Authorization and Administration

Series 63 - Chapter 2 Practice Questions

Series 27 - Clearance and Settlement

Series 6 - 4.1.5. American Depository Receipts (ADRs)

Series 24 - 5.5.2.4. Trade Reporting and Dissemination

Series 24 - Regulation Best Interest

Series 14 - 2.9.3. Trading Ahead of Customer Orders

Series 50 - Municipal Notes

Series 79 - 7.1.7. Lock-Up Agreements

Series 24 - 2.4. Managing Investor Risk

Series 63 - 6.4 Investment Company Act of 1940

Series 7 - 12.6 Restrictions on the After-Market of a Public Offering

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

I sat for the Series 99 and passed on my first attempt! I am thankful for the Solomon Exam preparation. The four-week study schedule was a life saver. I recommend using the Solomon products to prepare for any Series exam.

Cachet Johnson, PNC, Cleveland, OH

Thank you so much and special thanks to the product you put out!! I did not know about Solomon a year ago when I took the Series 7 and I used another company's material. I did not pass the 7 first time and I was extremely nervous about the 66. However your product was wonderful and thanks to you guys I passed the 66 on my first try!!! Can't thank you enough!!!

Maria Raspa, Merrill Lynch, Wellesley Hills, MA

I only used the exam simulator and it was the best decision I made! I read a different textbook and used Solomon solely for test prep questions. I promise you the $70 or so this cost is 100% worth it. Every question that I got on my exam (May 2020) was related to all the questions asked in the Solomon exam simulator. If you are willing to put in the work and take all of the chapter quizzes and then take 5 each of the time/not timed exams you will pass. Another good thing is that you can download their app and take exams on your phone - I found this very useful when I didn't want to always be on my laptop all day.

Nick Sciortino, Barrington, NJ