What is the difference between third and fourth markets?
A) A third market involves trading exchange-listed securities in OTC markets, while a fourth market trading involves institution-to-institution trading without using the services of
Brokers or dealers.
B) A third market involves trading institution-to-institution trading without using the services of brokers or dealers trading, while a fourth market involves trading exchange-listed
Securities in OTC markets.
C) A third market involves trading in corporate equities, while a fourth market involves trading in corporate debt.
D) A third market involves trading in corporate debt, while a fourth market involves trading in corporate equities.
E) A third market involves trading in call options, while a fourth market involves trading in warrants.
Correct Answer:
Verified
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