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saul85 [17]
3 years ago
15

A registered representative solicits an order from a customer to buy 200 shares of XYZZ at $50. The customer agrees and the regi

stered representative completes the order ticket and enters the order for execution. Once the member firm processes the order, the ticket record must contain all of the following information EXCEPT the time of order:
(A) receipt
(B) entry
(C) execution
(D) confirmation
Business
1 answer:
Dima020 [189]3 years ago
7 0

Answer:

The ticket record will contain all the information except D) confirmation.

Explanation:

When a representative firm gets an order from a customer to buy some shares, after getting confirmation from customer they will complete the ticket order and than it will process the order for execution and at that time ticket record will contain information regarding receipt , entry , and execution but not confirmation because confirmation depends upon the various factors like type of order, market liquidity , open or close market etc.

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