Which of the following does NOT correctly finish this sentence: In Canada, ____________.
A) The OTC market does not have a central location.
B) Over-the-counter markets are operated as auction markets.
C) Financial markets function as both primary and secondary markets for debt and equity securities.
D) New issues of securities occur in primary markets.
E) Auction markets have a physical location.

Question

Quizplus · Accepted Answer

Over-the-counter (OTC) markets are not operated as auction markets; they are decentralized markets where trading is done directly between two parties, without the supervision of an exchange. Auction markets, like stock exchanges, have a physical location where buyers and sellers are matched through an auction process.

Which of the Following Does NOT Correctly Finish This Sentence