An over-the-counter market is:
A) a market comprised of a network of buyers and sellers executing transactions by means of telecommunications
B) an organised market where buyers meet face-to-face
C) a market conducted over-the-counter at bank branches
D) a market conducted solely via the internet

Question

Quizplus · Accepted Answer

An over-the-counter (OTC) market is characterized by a decentralized network of buyers and sellers who conduct transactions without the need for a physical location, primarily using telecommunication and electronic means. This allows for trading of stocks, bonds, and other securities that are not listed on formal exchanges.

An Over-The-Counter Market Is