The over-the-counter (OTC)market is an example of a(n)
A) dealer market.
B) brokered market.
C) auction market.
D) equilibrium market.

Question

Quizplus · Accepted Answer

The over-the-counter (OTC) market is a decentralized market where participants trade directly with one another rather than through a centralized exchange. In this market, dealers act as intermediaries between buyers and sellers, buying and selling securities from their own inventory. This makes it an example of a dealer market.

The Over-The-Counter (OTC)market Is an Example of A(n)