Last-sale information is typically available for which types of securities?

Prepare for the Securities Training Series 7 Exam. Study with flashcards and multiple choice questions, each question is supported with hints and explanations. Get ready to ace your exam!

Last-sale information is typically available for listed (exchange-traded) securities and all Nasdaq securities because these types of securities are traded on organized exchanges or markets that facilitate real-time reporting of trade data. Exchange-traded stocks and Nasdaq-listed stocks have specific requirements for reporting trades, which include transparency regarding pricing and volume. This information helps investors make informed decisions by keeping them updated on the most recent transaction prices for these securities.

In contrast, the other options either pertain to securities that do not typically provide the same level of trade reporting or are more restricted in terms of information availability. Non-Nasdaq OTC securities may not have the same stringent reporting requirements, and municipal securities tend to have less frequent trades, leading to less comprehensive data availability. Corporate bonds may have limited last-sale information available, especially if they are traded in less liquid markets compared to the more actively traded listed and Nasdaq securities.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy