Secondary market trading activity is further divided between organized exchanges and over-the-counter markets.

Question

Quizplus · Accepted Answer

This statement is true. Secondary market trading activity can take place on organized exchanges or over-the-counter markets. Organized exchanges are physical or virtual marketplaces where buyers and sellers come together to trade securities, while over-the-counter (OTC) markets are decentralized markets where trading takes place through a network of dealers or brokers.

Secondary Market Trading Activity Is Further Divided Between Organized Exchanges