1/28/25, 7:24 PM CANADIAN SECURITIES COURSE EXAM LATEST EXAM | ALL QUESTIONS AND CORRECT ANSWERS (ALREADY GRADED …
CANADIAN SECURITIES COURSE EXAM LATEST
EXAM | ALL QUESTIONS AND CORRECT
ANSWERS (ALREADY GRADED A+) | VERIFIED
ANSWERS | UPDATED VERSION (JUST RELEASED)
Save
Terms in this set (339)
What does an Investment Acts as intermediaries between investors and users of
Dealer do? capital.
When a Investment Dealer Selling securities from their own inventory. Make
is acting as Primary, what money via spread/underwriting.
are they doing?
When an investment Facilitating a trade between a buyer and seller,
dealer is acting as agents, without owning the security. They make money via
what are they doing? commissions.
What are the three types Retail firms, Institutional firms, and Integrated firms.
of Investment dealers?
Give a brief description of Includes full service investment dealers and self
retail firms. directed brokers.
Give a brief description of They serve institutional clients and organizations that
Institutional firms. trade large volumes like pension funds.
Offer products and services that participate in both
Give a brief description of retail and institutional markets. Most firms underwrite
Integrated firms. debt and equity issues and are active in the secondary
markets.
https://quizlet.com/998393259/canadian-securities-course-exam-latest-exam-all-questions-and-correct-answers-already-graded-a-verified-answers-u… 1/11
, 1/28/25, 7:24 PM CANADIAN SECURITIES COURSE EXAM LATEST EXAM | ALL QUESTIONS AND CORRECT ANSWERS (ALREADY GRADED …
What are the roles of Front Office: Portfolio management, Trading, Sales,
front, middle, and back Marketing.
offices of an investment Middle Office: Compliance, Accounting, Audits, Legal
dealer firm? Back Office: Trade settlement.
They provide advice about new issues, They act as
What services do market makers, They buy stocks as principal becoming
investment dealers more competitive in serving their institutional clients,
provide? They add liquidity to secondary markets which
enhances the primary markets.
A trader that maintains liquidity in securities markets
What is a Market Maker by taking large positions to enhance liquidity and
sooth out price distortions.
What does the Clearing It clears security transactions daily using a process
and Depository Services called netting to establish and confirm a credit or
(CDS) do? debit position.
What are the three types Schedule I,II, & III banks
of chartered banks?
Banks such as TD, RBC. They offer loans, savings and
deposits from businesses and consumers. They also
Describe Schedule I Banks
sell mutual funds and other investment options, and
mortgages.
Such as Citi Canada, AMEX Canada. Are foreign bank
subsidiaries, They do everything schedule I banks do
Describe Schedule II
plus commercial loans to business, issue financial
Banks
paper in money markets, take deposits for businesses
and sell mutual funds and other investments.
Such as Deutsche, Comerica. Most are full service
Describe Schedule III
foreign bank branches of foreign banks and accept
Banks
deposits, not usually lending.
What type of bank has Schedule I banks ( a single shareholder cannot own
strict ownership rules? more than 20%).
https://quizlet.com/998393259/canadian-securities-course-exam-latest-exam-all-questions-and-correct-answers-already-graded-a-verified-answers-u… 2/11
CANADIAN SECURITIES COURSE EXAM LATEST
EXAM | ALL QUESTIONS AND CORRECT
ANSWERS (ALREADY GRADED A+) | VERIFIED
ANSWERS | UPDATED VERSION (JUST RELEASED)
Save
Terms in this set (339)
What does an Investment Acts as intermediaries between investors and users of
Dealer do? capital.
When a Investment Dealer Selling securities from their own inventory. Make
is acting as Primary, what money via spread/underwriting.
are they doing?
When an investment Facilitating a trade between a buyer and seller,
dealer is acting as agents, without owning the security. They make money via
what are they doing? commissions.
What are the three types Retail firms, Institutional firms, and Integrated firms.
of Investment dealers?
Give a brief description of Includes full service investment dealers and self
retail firms. directed brokers.
Give a brief description of They serve institutional clients and organizations that
Institutional firms. trade large volumes like pension funds.
Offer products and services that participate in both
Give a brief description of retail and institutional markets. Most firms underwrite
Integrated firms. debt and equity issues and are active in the secondary
markets.
https://quizlet.com/998393259/canadian-securities-course-exam-latest-exam-all-questions-and-correct-answers-already-graded-a-verified-answers-u… 1/11
, 1/28/25, 7:24 PM CANADIAN SECURITIES COURSE EXAM LATEST EXAM | ALL QUESTIONS AND CORRECT ANSWERS (ALREADY GRADED …
What are the roles of Front Office: Portfolio management, Trading, Sales,
front, middle, and back Marketing.
offices of an investment Middle Office: Compliance, Accounting, Audits, Legal
dealer firm? Back Office: Trade settlement.
They provide advice about new issues, They act as
What services do market makers, They buy stocks as principal becoming
investment dealers more competitive in serving their institutional clients,
provide? They add liquidity to secondary markets which
enhances the primary markets.
A trader that maintains liquidity in securities markets
What is a Market Maker by taking large positions to enhance liquidity and
sooth out price distortions.
What does the Clearing It clears security transactions daily using a process
and Depository Services called netting to establish and confirm a credit or
(CDS) do? debit position.
What are the three types Schedule I,II, & III banks
of chartered banks?
Banks such as TD, RBC. They offer loans, savings and
deposits from businesses and consumers. They also
Describe Schedule I Banks
sell mutual funds and other investment options, and
mortgages.
Such as Citi Canada, AMEX Canada. Are foreign bank
subsidiaries, They do everything schedule I banks do
Describe Schedule II
plus commercial loans to business, issue financial
Banks
paper in money markets, take deposits for businesses
and sell mutual funds and other investments.
Such as Deutsche, Comerica. Most are full service
Describe Schedule III
foreign bank branches of foreign banks and accept
Banks
deposits, not usually lending.
What type of bank has Schedule I banks ( a single shareholder cannot own
strict ownership rules? more than 20%).
https://quizlet.com/998393259/canadian-securities-course-exam-latest-exam-all-questions-and-correct-answers-already-graded-a-verified-answers-u… 2/11
