Skip to content

Pass Rate

Over 25 years and 400,000 exams

Assured Success

If you use our practice exams

Chat & Call Support

We are with you every step of the way

Definition of Dont Know (DK)

Don’t Know (DK) is a term used to describe a dealer’s response to a confirmation for a trade they "donÕt know" executing.

Applying "Dont Know (DK)" to Securities Exams:

A don’t know or a DK is an unconfirmed or open trade. It is a trade that one party reports and the terms of the trade are not recognized by the confirming party. Many DKs are the result of a discrepancy in price or the number of shares.The DK may also be the result of an input error or typo and can be easily resolved.

Preparing for an Exam?

Receive 15% off all your Securities Exam Prep materials

xref