Market Trivia
Important Dates/Events
Potpourri
Hodge Podge
Non Fiduciary Idioms
100
30 years ago today, a global equity market selloff, resulting in a 588 point drop in the DJIA, is known as...
What is "Black Monday?"
100
1914
What is The year that Charles Merrill started his business
100
The acronym "NASDAQ" stands for this...
What is the "National Association of Securities Dealers Automated Quotations"?
100
On March 21st, 1924, this investment company became the first open ended mutual fund...
What is the "Massachusetts Investor Trust"?
100
Complete this expression: Merrill Lynch made money, the broker made money...
What is "two out of three ain't bad"
200
The primary cause for the downfall of Long Term Capital Management in August, 1998...
What is the "Collapse of the Russian Ruble"?
200
In 1983, the largest municipal bond default ever, the Washington Public Power Supply System was also known by its nickname...
What is "WHOOPS"?
200
The number of equity issues currently in the S&P 500...
What is "505"?
200
May 6th, 2010, an intraday loss of 998 points, lasting about 36 minutes, only to regain much of the loss by the market close is referred to as...
What is "the Flash Crash"?
200
Complete the expression: "Don't confuse brains..."...
What is ..."and a bull market"?
300
Wall Street slang for a brokerage firm with a far flung network of branch offices connected by telegraph wires...
What is a "Wirehouse"?
300
This Cincinnati company's origin was in pianos, but later moved into annuities and life insurance and eventually claimed bankruptcy in 1983
What is "Baldwin United"?
300
The biggest IPO in history...
What is "Alibaba"?
300
This Dow Jones Industrial Average component has been in the composite the longest, since 1907?
What is "General Electric"?
300
Complete the expression, "If you liked it at 10..."
What is ..."You'll love it at 5"?
400
He was the first Chairman of the SEC...
Who is "Joseph Kennedy"?
400
In January, 2013, a series of previously enacted laws came into effect simultaneously, increasing taxes while decreasing spending
What is the "US Fiscal Cliff"?
400
In response to the market breaks in October, 1987 and October, 1989, the NYSE installed these to reduce volatility and provide investor confidence...
What are "Circuit Breakers"?
400
The most recent event that caused the NYSE to shut down more than one traditional business day in a row...
What is "Hurricane Sandy"?
400
Phishing, Pharming, Phlossing, Smishing and Vishing... One of these is not a recognized form of Cybercrime...
What is "Phlossing"?
500
Prior to being called Wealth Management Advisors, Financial Advisors, Financial Consultants, Account Executives and Stock Brokers, the people who handled personal accounts for brokerage firms were known as...
What is "Customers Men"
500
May Day, May 1st, 1975 was an important day for the brokerage industry for this reason...
What is "Brokerage firms went from fixed to negotiated and varying commission rates"?
500
On May 17th, 1792, this company became the first company to be listed on the NYSE...
What is the "Bank of New York"?
500
A municipal bond, typically with 6 or 7 points of credit, often sold by Edward Jones or A.G. Edwards, was also know by this nickname...
What is a "Touchdown Bond"?
500
A nickname for Blinder Robinson, a leading Denver based Penny Stock firm in the 80's...
What is "Blind'em and Rob'em"?