Online Access Free SOFQ Practice Test

Grey market trading refers to:

• A.Trading of equity and bonds by investors aged 65 and over at the start of the tax year
• B.Trading in a new issue of bonds by parties not involved in the syndication process
• C.Trading in convertible and exchangeable bonds prior to their conversion
• D.Trading in corporate bonds following the bondholder's decision to take-up a put option

FTM Levy is charged:

• A.On US equity trades -where the gross consideration is in excess of USD 10,000.00
• B.On UK equity trades where the gross consideration is in excess of GBP 10,000.00
• C.On UK equity trades where the gross consideration is GBP 10,000.00 and above
• D.On US equity trades where the gross consideration is USD 10,000.00 and below

The International Monetary Fund is an example of:

• A.An investment bank
• B.A supranational organisation
• C.A securities market regulator
• D.A sovereign wealth fund

A bond which permits the issuer to redeem the bond prior to its maturity date is known as a:

• A.Requestable bond
• B.Askable bond
• C.Callable bond
• D.Demandable bond

Bond types that are traded at a deeply discounted price are:

• A.Zero coupon bonds
• B.Floating rate notes
• C.Fixed rate bonds
• D.Convertible bonds and Exchangeable bonds