Many large investors are now handling trades without Wall Street's services.Through the use of computer technology, they are making direct transactions.This relatively new development is called the _____ market.

Question

Quizplus · Accepted Answer

This relatively new development is called the fourth market, which refers to direct trading of large blocks of securities between institutions or large investors without the use of a broker or the major exchanges, facilitated by electronic systems.

Many Large Investors Are Now Handling Trades Without Wall Street's