A company's stock does not have to be listed on one of the major stock exchanges in order to trade. It can be traded on

Question

Quizplus · Accepted Answer

Over-the-counter market is a decentralized market where securities are not listed on an exchange but are instead traded directly between parties. Therefore, a company's stock can be traded on the over-the-counter market even if it is not listed on a major stock exchange. The other options (NYSE Euronext, NASDAQ, AMEX) are all major stock exchanges where companies must be listed in order to trade.

A Company's Stock Does Not Have to Be Listed on One