Free SOFQ Exam Braindumps
Securities Operations Foundation Qualification (SOFQ) Questions 11–15 (page: 4)

Updated On: 10-Feb-2026

The type of organisation that specializes in deposit-taking and cash loans is known as a:

  1. Mutual fund
  2. Commercial bank
  3. Investment bank
  4. Private bank

Answer(s): B



On a scale of 1,500,000 Microsoft Corporation shares at a price of USD 3.78 per share, the SEC Fee payable is::

  1. USD 1.89
  2. USD 18.90
  3. USD 189.00
  4. USD 1890.00

Answer(s): C



'ISO' stands for:

  1. Invention of Standards for Organisations
  2. Intercontinental Symposium of Organisations
  3. International Organisation for Standardisation
  4. Intraterritorial Organisation of Securities

Answer(s): C



'Sub-custodian' is a term that is applicable to:

  1. International central securities depositories
  2. Global custodians
  3. Local custodians
  4. National central securities depositories

Answer(s): B



Within the security entitled 'Exxon Mobil Corporation USD 1.00 Common Stock', the 'USD 1.00' is commonly known as the:

  1. issue value
  2. par value
  3. notional quantity
  4. share size

Answer(s): B



Viewing page 4 of 11
Viewing questions 16 - 20 out of 50 questions


Post your Comments and Discuss ICMA SOFQ exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!