it is automatic...the pass rate is not cutoff,... it is the rate how many people have managed to pass the exam among registered ones....I also marked exogenous...because...first of all...to trade you can in different amounts..it was not mentioned if the size of trade does influence the price... but anyway.. I think I have failed....the exam is quite tricky...And by the way - if you receive this after exam (so called "please provide feedback") survey demand - is it logical to forward it to those who passed or it is received only by those who failed? What do you think? Or third variant - it`s automatic and is sent to everybody who attended the exam