The over-the-counter market is an informal collection of dealers connected by nationwide telephone,telex,e-mail and computer services.

Question

Quizplus · Accepted Answer

The statement is true. The over-the-counter market is a decentralized market where securities are traded directly between two parties without the involvement of an exchange. It is conducted electronically through various communication channels like telephone, telex, email, and computer networks.

The Over-The-Counter Market Is an Informal Collection of Dealers Connected