Series 7 - General Securities Representative Exam

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Records for every order entered in an Alternative Trading System for security futures must included all of the following EXCEPT

The designation of the order as a buy or sell order
A
The time limit during which the order is in force
B
The designation of the order as a market order, limit order, stop order, stop limit order or other type of order
C
The CUSIP or other unique identification for the bond
D

Explanations

The ATS is for security futures; not for bonds. A. The designation of the order as a buy or sell order, B. The time limit during which the order is in force & C. The designation of the order as a market order, limit order, stop order, stop limit order or other type of order MUST be included on the records for each order

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