X-gen Certification December 2013

30 Questions | By Mcnse | Updated: Mar 20, 2022 | Attempts: 255

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X-GEN CERTIFICATION DECEMBER 2013

Questions and Answers

1.

Which of the following is not traded on the NSE?
- A.
  
  Equities
- B.
  
  Bonds
- C.
  
  Futures
- D.
  
  ETFs
2.

One of the following is not a column on the Securities table?
- A.
  
  Reference Price
- B.
  
  Open Quantity
- C.
  
  Bid Depth
- D.
  
  Time In
3.

Trading Account Positions can be seen via which table?
- A.
  
  Trading and Loss Account Table
- B.
  
  Trading Account Table
- C.
  
  Depository Account Table
- D.
  
  Trade Events Table
4.

In Order Entry, which of these options is not an Order Type?
- A.
  
  Limit
- B.
  
  Market
- C.
  
  Private
- D.
  
  Open
5.

Who can enter transactions during Pre-Open Adjust and Pre-Close Adjust sessions?
- A.
  
  Traders
- B.
  
  Market Makers
- C.
  
  Firm Managers
- D.
  
  Compliance Officer
6.

Which one of the following columns displays the status of a security?
- A.
  
  Security Board state
- B.
  
  Security Board status
- C.
  
  Security update
- D.
  
  Instrument update
7.

A Market order can only be entered when?
- A.
  
  There are only market orders on the opposite side of the order book
- B.
  
  There are exisiting Limit orders on the opposite side of the book
- C.
  
  There are Trades on the security already
- D.
  
  The opposite side of the order book is empty
8.

One of these statements is not correct about a Private Order?
- A.
  
  A minimum Order value is required
- B.
  
  Private Order cannot be viewed on the market
- C.
  
  Private Order can be changed to a Negogiated deal
- D.
  
  Private order can be withdrawn
9.

An order quantity must be filled as soon as it becomes available on the market, otherwise the order is cancelled, this order is known as a ?
- A.
  
  FOK
- B.
  
  FAK
- C.
  
  ICC
- D.
  
  ITC
10.

Which of these statements is true ?
- A.
  
  Auction takes place at the end of Pre-Open and Close session
- B.
  
  Auction takes place at end of Pre-open Adjust and Close session
- C.
  
  Auction takes place at the end of Close session
- D.
  
  Auction takes at the end of pre-open Adjust and Pre-Close Adjust
11.

Which of these statements is true about Order Duration ?
- A.
  
  Order duration types available during Pre-open : Session (Good Till Open), Good Till Date and Day
- B.
  
  Order duration types available during Pre-open: Market, Session (Good Till Open), Good Till Date and Day
- C.
  
  Order duration types available during Pre-open: Immediate , Session (Good Till Open), Good Till Date and Day
- D.
  
  Order duration types available during Pre-open: Pre-Close , Session (Good Till Open), Good Till Date and Day
12.

Which of these statements is true about Crossing Orders ?
- A.
  
  Crossing orders are off manual and have to be approved by Market control
- B.
  
  Crossing orders are on manuals and require Market control approval
- C.
  
  Crossing orders are on manual and can be executed outside best market
- D.
  
  Crossing orders are on manual and are matched at best market price
13.

Which of these statements is true about Maximum Price Movement ?
- A.
  
  The maximum upward price movement in one day for a security is 10%
- B.
  
  The maximum upward price movement in one day for a security is 10.25%
- C.
  
  The maximum upward price movement in one day for a security is 5%
- D.
  
  The maximum upward price movement in one day for a security is 5.25%
14.

Which of these statements is true about Downward Price Mopvement ?
- A.
  
  The maximum downward price movement in one day for a security is 9%
- B.
  
  The maximum downward price movement in one day for a security is 9.75%
- C.
  
  The maximum downward price movement in one day for a security is 8.75%
- D.
  
  The maximum downward price movement in one day for a security is 10%
15.

What are the different trading sessions in X-Stream ?
- A.
  
  Pre-Open, Pre-Open adjust, Continuous Trading, Pre-Close Adjust, Close
- B.
  
  Pre-Open, Pre-Open adjust, Continuous Trading, Pre- Close, Pre-Close Adjust, Close
- C.
  
  Pre-Open, Pre-Open adjust, Continuous Trading, Close
- D.
  
  Pre-Open, Continuous Trading, Pre-Close Adjust, Close
16.

When can a market maker enter two way quotes ?
- A.
  
  Continuous Trading, Pre-Close Adjust, Close
- B.
  
  Pre-Open, Pre-Open Adjust, Pre-Close Adjust, Close
- C.
  
  Pre-Open Adjust, Continuous Trading, Pre-Close Adjust
- D.
  
  Continuous Trading, Pre-Close, Pre-Close Adjust, Close
17.

Which fields can be amended in an Open Buy or Sell order ?
- A.
  
  Security, Volume, Price, Account No, Market, Private, Fill Terms, Duration
- B.
  
  Volume, Price, Account No, Market, Private, Fill Terms, Duration
- C.
  
  Price, Account No, Market, Private, Fill Terms, Duration
- D.
  
  Account No, Market, Private, Fill Terms, Duration
18.

A broker can transfer an account position from X-stream trading account table?
- A.
  
  True
- B.
  
  False
19.

In X-stream how are account updated?
- A.
  
  Real time
- B.
  
  End of Day
- C.
  
  Next Day
- D.
  
  60 seconds
20.

A Firm Manager can withdraw order entries from a broker of his firm:
- A.
  
  True
- B.
  
  False
21.

X-Stream Pasword contains alpha numeric characters?
- A.
  
  True
- B.
  
  False
22.

When inputting a cross deal a third party confirmation is required?
- A.
  
  True
- B.
  
  False
23.

Traders can check their positions at any time during the day ?
- A.
  
  True
- B.
  
  False
24.

Market Makers can enter two way quotes during Pre-open ?
- A.
  
  True
- B.
  
  False
25.

Negotiated deals must be pre-approved by Market control using the standard NSE form available on the website ?
- A.
  
  True
- B.
  
  False