10 free Series 9/10 practice questions in the real exam format, covering the official content areas, with an explanation for every answer.
Series 9/10 Practice Test 7Tutor mode
Question 1 of 10
Series 10: Supervise Sales Practices and General Trading Activities
Rook Street Capital, a market maker, holds a customer's limit order to buy 1,000 shares of a Nasdaq stock at $10.05. No exception applies. The firm's trading desk then buys 500 shares of the stock for its own account at $10.04. What must the firm do?