The over-the-counter market is

Question

Quizplus · Accepted Answer

The over-the-counter market is a network of dealers linked by computers and telephones. It is not a central physical location where the general public trades, as in option E. It is also not an internet-based securities exchange for public trading, as in option A. Option B, a central location where dealers trade, is not accurate because the over-the-counter market is decentralized and does not have a central physical location. Finally, option D, local public security exchanges, is incorrect because there is no direct relationship between the over-the-counter market and local public security exchanges.

The Over-The-Counter Market Is