A securities market primarily consisting of dealers who buy and sell for their own inventories is generally referred to as a(n)________ market.

Question

Quizplus · Accepted Answer

A securities market primarily consisting of dealers, who buy and sell for their own inventories, is known as an over-the-counter market. In such a market, there is no centralized location for trading, and the dealers trade directly with each other via computer networks and phone lines. This is in contrast to an auction or broker market. Regional and trading floor are not relevant options in this context.

A Securities Market Primarily Consisting of Dealers Who Buy and Sell