Series 7 - General Securities Representative Exam
Training Mode
If a $40 stock moved up 10% intraday - to $44.00 and the highest bid was also $44.00 for a period of 15 seconds, what would happen?
Trading will halt for 5 minutes and will reopen with new price bands once trading has commenced
A
Trading will halt for 5 minutes and will reopen; but only for trades below $44.00 for the remainder of the trading session
B
Trading will halt for the remainder of the session
C
Nothing - trading will not halt unless the stock is up over 20% intraday
D