When secondary market buyers and sellers of securities meet in one central location to conduct trades the market is called a(n)
A)exchange.
B)over-the-counter market.
C)common market.
D)barter market.

Question

Quizplus · Accepted Answer

When secondary market buyers and sellers of securities meet in one central location to conduct trades, it is called a securities exchange. Examples of securities exchanges include the New York Stock Exchange, NASDAQ, and the London Stock Exchange. Over-the-counter markets, on the other hand, involve the decentralized trading of securities without a central physical location.

When Secondary Market Buyers and Sellers of Securities Meet in One