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 markets in Canada are not operated as auction markets, but rather as decentralized electronic markets where securities are traded between dealers or directly between buyers and sellers.

Which of the Following Does NOT Correctly ﬁNish This Sentence