A speculator shorts 1 T-bond futures at 122-16. Contract = $100,000, tick = 1/32 ($31.25). Price falls to 121-16. Profit?
Our free Series 3 License practice questions act as a diagnostic tool to give you a clear snapshot of your Series 3 License readiness. Discover which topics are your strengths and, more importantly, which critical topics require your immediate attention.
| Name | Series 3 License |
| Code | Series 3 License |
| Vendor | Finance, Insurance and Real Est |
| Certification | Financial Industry Regulatory Authority (FINRA) |