Series 24: Fourth Market

Taken from our Series 24 Online Guide

Fourth Market

The fourth market is a negotiated market where institutional investors trade listed securities without a broker-dealer. Institutional investors often choose the fourth market because they can get a better price on large orders than market makers can provide. It also allows them to avoid broker-dealer commissions. Institutional investors generally use Electronic Communications Networks (ECNs), which match buy and sell orders 24 hours a day.

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Fourth Market, you might also be interested in:

Series 65 - Chapter 4 Practice Question Answers

Series 53 - Out-Firm Quotes

Series 53 - Registered Bonds

Series 79 - A.5.3. Dividends

Series 50 - Delivery of the Bonds

Series 7 - 5.1.7 Settlement: Expiration, Liquidation, or Exercise

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Just passed the Series 24 on my first attempt. Not an easy exam so put the time in. I used the Video Lectures and the Exam Simulator from Solomon. Great resources of information!

Shawn McClain, Natixis, Charlotte NC

I passed the S24 today with a score of 80. Your study guide is great!!!

A.T.

Between September 18 and December 3, I took exams for the Series 62, 63, 6 and 24. I studied for everything with Solomon, and passed them all on the first try. Solomon’s interactive/Ask the Professor teaching method was extremely helpful in grasping the necessary concepts. What a relief to be done. Thanks, Karen!

Karen H, Dalkeith Group, High Falls, NY

I passed my Series 24 today with an 80% thanks to Solomon Test Prep! I found the most benefit from using the practice exams as a learning tool, reading each answer explanation as I went along, regardless of a(n) correct/incorrect response. I found that for this exam, understanding the concepts is equally as important as memorization! Good luck!

Audrey M., Austin, TX

I had tried another learning system before Solomon and walked into the Series 24 unprepared and subsequently failed. After using the Solomon system for three weeks, taking full advantage of the app on my cell phone I walked into my second attempt very prepared for the type of questions I was going to see. Not only did I pass, I did so with confidence. Thanks so much Solomon!

Steven Eisner, Penn Mutual/HTK, Hauppauge, NY

I used Solomon to study for the 26 and most recently the 24. The material is layered in way that makes it manageable to digest and the instructor response time and explanations are outstanding. I passed both on the first attempt!

Gus Velleco, Allstate, Charleston, SC