Series 55 Exam


What is a Series 55 Exam

The Series 55 Exam was designed to test those individuals who wish to work as an Equity Trader. This exam is no longer offered and was not a stand-alone exam, candidates must have met the required prerequisites before they registered for the Series 55. The Series 55 Exam focused on testing individual knowledge in the areas of:

The following outlines test topics and questions for the Series 55 Exam:

  • NASDAQ Market and Market Maker Activities – 42 Questions
  • NASDAQ Execution / Trading System – 12 Questions
  • Trade Reporting Requirements – 22 Questions
  • General Industry Standards – 24 Questions

The Series 55 Exam was a 100 question multiple-choice exam that provided 3 hours to complete. The exam was administered year round at Prometrics and Pearson testing centers and cost $105.00. That $105.00 fee only covered the cost of the exam and there were other fees involved in the testing process. The Series 55 Exam was required for many individuals working in the securities field who are trading equity and convertible debt on a proprietary basis. Successfully passing this exam required a score of 70% or better.

SecuritiesCE Explains Series 55 Exam

The series 55 exam was replaced by the series 57 exam. Candidates who wish to qualify as an equity trader must now pass the SIE exam and the series 57 examination. Detailed information on The series 57 exam and our money back pass guarantee may be found here

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