Foreign exchange dealers are regarded as forming a/an __________ market.
A) regulated and organised
B) over-the-counter
C) auction
D) exclusively broker

Question

Quizplus · Accepted Answer

Foreign exchange dealers operate in an over-the-counter market, meaning transactions occur directly between two parties without the involvement of an exchange or centralised entity. This type of market is decentralised and lacks a regulatory body.

Foreign Exchange Dealers Are Regarded as Forming A/an __________ Market