Securities dealers that trade stocks and bonds outside exchanges comprise the

Question

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The over-the-counter market (OTC) refers to the decentralized market where securities are traded directly between two parties without going through an exchange. This includes the trading of stocks and bonds by securities dealers. The foreign exchange market (A) is focused on the trading of currencies, while the NASDAQ market (C) is a stock exchange where certain stocks are listed and traded. There is no such thing as an outlet market (D).

Securities Dealers That Trade Stocks and Bonds Outside Exchanges Comprise