CMFAS Module 2a Free Sample Question

  • CMFAS
  • SGX
  • SFA
Reviewed by Editorial Team
The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.
Learn about Our Editorial Process
| By Khinloke
K
Khinloke
Community Contributor
Quizzes Created: 1 | Total Attempts: 473
| Attempts: 473 | Questions: 5 | Updated: Mar 20, 2023
Please wait...
Question 1 / 5
0 %
0/100
Score 0/100
1. A Limit Order specifies the ________ price that a ______  willing to pay for one contract 

Explanation

Chapter 4 | Page 114 (4.3.2.1) Limit Order

Submit
Please wait...
About This Quiz
Regulatory Compliance Quizzes & Trivia

Explore key aspects of securities trading and compliance with the CMFAS Module 2A Free Sample Question. This quiz covers topics such as position limits, market orders, SGX QUEST access, and futures contract delisting, sharpening skills in trading regulations and market operations.

2.
We’ll put your name on your report, certificate, and leaderboard.
2. Which of the following may apply through Clearing Member for direct access to SGX QUEST? I    Direct clients of the Clearing MembersII    Market Maker or SGX Corporate MembersIII   Remote SGX Members

Explanation

Chapter 4 | Page 101 (4.1.1) Connectivity Options to QUEST

Submit
3. In the case of a Market-If-Touched (MIT) sell order, the trigger is placed ______ the current market price, resulting in the order selling at a price ______ than the current market price. 

Explanation

Chapter 4 | Page 117 (4.3.2.5) Market-If-Touched (MIT) Order

Submit
4. With respect to the computation of Position Limit, which of the following positions are aggregated? All account ___________ I     directly owned by a person or personsII     indirectly owned by a person or personsIII    of any Person or Persons acting in concertIV   In which a person or persons has a proprietary or beneficial interest

Explanation

Chapter 4 | page 147 (4.9.8) Position Limits & Accumulation of Positions

Submit
5. Subject to the Securities and Futures Act ("SFA") for delisting of contracts, the _________may, from time to time and in its absolute discretion, de-list any Futures Contract.

Explanation

Chapter 4 | Page 142 (4.9.1) MAS Approval / (4.9.2) De-Listing of Contracts

Submit
View My Results
Cancel
  • All
    All (5)
  • Unanswered
    Unanswered ()
  • Answered
    Answered ()
A Limit Order specifies the ________ price that a ______  willing...
Which of the following may apply through Clearing Member for direct...
In the case of a Market-If-Touched (MIT) sell order, the trigger is...
With respect to the computation of Position Limit, which of the...
Subject to the Securities and Futures Act ("SFA") for delisting of...
Alert!

Back to Top Back to top
Advertisement