1.

1. Under the preferential trading rule...

   	a.	preferred share orders are executed before common shares
   	b.	pro orders are executed before client orders
   	c.	brokers are allowed to determine who they prefer as clients
   	d.	client orders are executed before pro orders
   	e.	common share orders are executed before preferred share orders

2. What does margin mean?

   	a.	the total value of the transaction
   	b.	the amount of funds that an investor must provide for a transaction
   	c.	the amount of the transaction loaned by the broker
   	d.	the amount by which the trade is ITM
   	e.	the change in the broker loan resulting from a change in market price