SIE (Securities Industry Essentials) Practice Exam

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Within how many seconds are NASDAQ trades during business hours typically reported?

  1. 5 seconds

  2. 10 seconds

  3. 30 seconds

  4. 60 seconds

The correct answer is: 10 seconds

Business hours on the NASDAQ typically occur from 930am to 4:00pm EST. During this time, trades are reported every 10 seconds. Options A, C, and D are incorrect because they either report trades too quickly or too slowly. For example, option A would mean that trades are reported much faster than they actually are, while option D would mean they are reported much slower. Option C is closer in time to the correct answer, but still falls short by 20 seconds.

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