Question 1

The advantage of crossings through 'dark pools' is they facilitate large trades with the least possible market price impact.

Accepted Answer

A) True 
 B)False

Question 2

In the Australian market, large cap companies are those in the ASX200.

Accepted Answer

A) True 
 B)False

Question 3

The turnover of shares in the market is much greater for large-cap firms than for smaller firms.

Accepted Answer

A) True 
 B)False

Question 4

The ASX's continuous disclosure policy requires companies to advise the ASX of any new price-sensitive information in a timely fashion.

Accepted Answer

A) True 
 B)False

Question 5

Good corporate governance ensures that members of a company's top management are held accountable for their actions.

Accepted Answer

A) True 
 B)False

Question 6

The index level yesterday was 6000 points.At that time, the combined market capitalisation of the shares in the index was $800 billion.The next day the market capitalisation of the shares in the index was $825 billion.Given this information, calculate the new index level.

Accepted Answer

The answer of The index level yesterday was 6000 points.At...

Question 7

Explain how share price indices are calculated.Explain the difference between a price index and an accumulation index.Describe the set of indices based on the prices of ASX-listed stocks.

Accepted Answer

Share price indices are calculated by ta

Question 8

A share price index aims to measure the overall movement in the value of the shares included in the index.

Accepted Answer

A) True 
 B)False

Question 9

Explain how share markets contribute to good corporate governance.

Accepted Answer

A company's share price will reflect the

Question 10

The automated trading system used by the ASX:

Accepted Answer

A) can be accessed by individual retail investors 
B) stores unmatched at-market orders 
C) ranks unmatched orders in terms of time 
D) matches the highest priced buy orders and the lowest priced sell orders first 
E) is called SEATS. 
A) can be accessed by individual retail investors 
B) stores unmatched at-market orders 
C) ranks unmatched orders in terms of time 
D) matches the highest priced buy orders and the lowest priced sell orders first 
E) is called SEATS.

Question 11

Describe the trading and settlement arrangements used in the Australian share market.

Accepted Answer

The market is operated by the Australian

Question 12

Identify and briefly explain the competitive pressures faced by the ASX.

Accepted Answer

Three developments that threaten the ASX

Question 13

CFDs are both OTC and exchange-traded.

Accepted Answer

A) True 
 B)False

Question 14

List some of the factors for which a company share registry is necessary.How do most companies now maintain their share registries?

Accepted Answer

It is the responsibility of companies to

Question 15

The main investors in Australian shares are foreign investors, fund managers and retail investors.

Accepted Answer

A) True 
 B)False

Question 16

Consider the following market depth information for Fosters Group Ltd:   (a)What would be the outcome if you placed an at-market order to sell 3000 Fosters shares?
(b)How much would you pay to buy 5000 Fosters shares 'at-market'?
(c)Explain what would happen to the order queue after the transactions in (a)and (b), assuming no other changes.(d)Explain what would happen to your order if you placed an order to sell 1500 Fosters shares at $5.78 (assuming the transactions in (a)and (b)do not take place).

Accepted Answer

(a)The highest price someone is willing

Question 17

Which of the following is NOT an admission requirement or rule of listing on the ASX?

Accepted Answer

A) Securities must be issued in circumstances that are fair to existing security holders. 
B) The listed entity must have a minimum number of shareholders. 
C) Firms must immediately advise the ASX of any new price-sensitive information. 
D) The entity be making a substantial profit. 
E) None of these. 
A) Securities must be issued in circumstances that are fair to existing security holders. 
B) The listed entity must have a minimum number of shareholders. 
C) Firms must immediately advise the ASX of any new price-sensitive information. 
D) The entity be making a substantial profit. 
E) None of these.

Question 18

Chi-X provides Australian retail and wholesale investors with an alternative trading venue to the ASX.

Accepted Answer

A) True 
 B)False

Question 19

Companies no longer have to maintain their share registry because CHESS holds this information.

Accepted Answer

A) True 
 B)False

Question 20

Provide a brief overview of the ASX's admission and listing rules.

Accepted Answer

There are a number of requirements and r

The advantage of crossings through 'dark pools' is they facilitate large trades with the least possible market price impact.

In the Australian market, large cap companies are those in the ASX200.

The turnover of shares in the market is much greater for large-cap firms than for smaller firms.

The ASX's continuous disclosure policy requires companies to advise the ASX of any new price-sensitive information in a timely fashion.

Good corporate governance ensures that members of a company's top management are held accountable for their actions.

The index level yesterday was 6000 points.At that time, the combined market capitalisation of the shares in the index was $800 billion.The next day the market capitalisation of the shares in the index was $825 billion.Given this information, calculate the new index level.

Explain how share price indices are calculated.Explain the difference between a price index and an accumulation index.Describe the set of indices based on the prices of ASX-listed stocks.

A share price index aims to measure the overall movement in the value of the shares included in the index.

Explain how share markets contribute to good corporate governance.

The automated trading system used by the ASX:

Describe the trading and settlement arrangements used in the Australian share market.

Identify and briefly explain the competitive pressures faced by the ASX.

CFDs are both OTC and exchange-traded.

List some of the factors for which a company share registry is necessary.How do most companies now maintain their share registries?

The main investors in Australian shares are foreign investors, fund managers and retail investors.

Which of the following is NOT an admission requirement or rule of listing on the ASX?

Chi-X provides Australian retail and wholesale investors with an alternative trading venue to the ASX.

Companies no longer have to maintain their share registry because CHESS holds this information.

Provide a brief overview of the ASX's admission and listing rules.

Overview of the Financial System

The Payments System

Introduction to the Flow of Funds

Funds Management

Authorised Deposit-Taking Institutions

The Stability of Deposit-Taking Institutions

The Money Market

The Bond Market

Shares

Foreign Exchange and Global Capital Markets

Financial Futures

Swaps

Exchange-Traded Options

Filters

Exam 10: The Share Market

The advantage of crossings through 'dark pools' is they facilitate large trades with the least possible market price impact.

In the Australian market, large cap companies are those in the ASX200.

The turnover of shares in the market is much greater for large-cap firms than for smaller firms.

The ASX's continuous disclosure policy requires companies to advise the ASX of any new price-sensitive information in a timely fashion.

Good corporate governance ensures that members of a company's top management are held accountable for their actions.

The index level yesterday was 6000 points.At that time, the combined market capitalisation of the shares in the index was $800 billion.The next day the market capitalisation of the shares in the index was $825 billion.Given this information, calculate the new index level.

Explain how share price indices are calculated.Explain the difference between a price index and an accumulation index.Describe the set of indices based on the prices of ASX-listed stocks.

A share price index aims to measure the overall movement in the value of the shares included in the index.

Explain how share markets contribute to good corporate governance.

The automated trading system used by the ASX:

Describe the trading and settlement arrangements used in the Australian share market.

Identify and briefly explain the competitive pressures faced by the ASX.

CFDs are both OTC and exchange-traded.

List some of the factors for which a company share registry is necessary.How do most companies now maintain their share registries?

The main investors in Australian shares are foreign investors, fund managers and retail investors.

Which of the following is NOT an admission requirement or rule of listing on the ASX?

Chi-X provides Australian retail and wholesale investors with an alternative trading venue to the ASX.

Companies no longer have to maintain their share registry because CHESS holds this information.

Provide a brief overview of the ASX's admission and listing rules.

Overview of the Financial System

The Payments System

Introduction to the Flow of Funds

Funds Management

Authorised Deposit-Taking Institutions

The Stability of Deposit-Taking Institutions

The Money Market

The Bond Market

Shares

Foreign Exchange and Global Capital Markets

Financial Futures

Swaps

Exchange-Traded Options

Filters