The over-the-counter market is a network of dealers that provides for trading securities not listed on organized exchanges.

Question

Quizplus · Accepted Answer

The given statement is true. The over-the-counter market is also known as the OTC market, and it allows for the trading of securities without the presence of a central exchange. Instead, dealers and brokers facilitate the buying and selling of securities directly between parties. Examples of OTC securities include stocks of smaller companies, bonds, and derivatives.

The Over-The-Counter Market Is a Network of Dealers That Provides