Mohammad was interested in purchasing low-value securities that were not listed on the NYSE.He probably used _____ to complete his transaction.

Question

Quizplus · Accepted Answer

The over-the-counter market (OTC) is where low-value securities that are not listed on major exchanges, such as the NYSE or NASDAQ, are traded. Mohammad would likely have used the OTC market to complete his transaction. The other choices listed do not apply to purchasing low-value securities outside of major exchanges.

Mohammad Was Interested in Purchasing Low-Value Securities That Were Not