Series 3: 1.3.4.2. Filling Out An Order Ticket

Taken from our Series 3

1.3.4.2. Filling Out an Order Ticket

A futures transaction usually starts at the office of a futures commission merchant (FCM). An investor examines the market with her FCM and places an order. Before the order can be executed, the FCM must fill out an order ticket. This ticket must include:

• Commodity
• Buy/sell: whether the order is a buy, sell long, or sell short
• Delivery month and year
• Order size (number of contracts to be bought or sold)
• Execution price
• Type of order (

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: 1.3.4.2. Filling Out An Order Ticket, you might also be interested in:

Series 7 - Chapter Eight: Annuities

Series 79 - 3.2.4. Profit Margins

Series 24 - Locking and Crossing Quotations

Series 24 - Withdrawing From a Traditional IRA

Series 24 - 1.2.5.4. Verification by Principal

Series 26 - Introduction

Series 65 - 10.3 Performance Guarantees

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

I actually initially failed the Series 52 and was left frustrated with the previous exam prep course that I previously took. I took a look at many of your testimonials and thought I would take a chance on Solomon. I was not disappointed. I passed the Series 52 on the second go, and the test was a breeze due to the preparation of your Series 52 exam prep. I couldn't be happier with Solomon. Onward and upward!

Akio Ohtake-Gordon, Piper Sandler & Co. Lakewood, CO.

I just passed the Series 66 exam and found that the Solomon Exam Prep materials are the way to go when preparing for this exam. The advice given from the get-go is spot on; if you think you can cram for this course, forget it. Use the materials as advised and you'll do well. The format of the practice exams closely simulate the way the questions are presented on the test itself. I had 2 prep materials, Solomon's and another and I honestly believe Solomon's was the one that helped the most.

Julio Revuelta, Wealth Management Firm, Miami, FL

I began the process of studying for the Series 65 in October of 2013. I studied with two other exam prep companies. The result, a 70% each time.

Then, I bought Solomon’s Exam Prep 65. As I did with the other two, I went step by step, and when it said I was ready I sat for the exam! Boom! 80%, passing all four sections at once! So if you’re surfing the internet right now wondering who to go with….STOP….Solomon’s is the right choice for today’s professional to get the licensing you need done the first time, not the third!

Shad Johnson, The Mueller Companies, Canon City, CO