Series 52: Workable Indication

Taken from our MSRB Municipal Securities Representative Qualification Examination

Definition of the term Workable Indication...

a nominal bid at a specific price stating a dealer’s willingness to purchase securities at that price. The dealer is then free to revise the bid if market conditions change.

Since you're reading about Series 52: Workable Indication, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 52
Please Enable Javascript
to view this content!