Which one of the following statements is NOT true about secondary markets?
A) In terms of total volume of activity and total capitalisation of the companies listed, the ASX is the largest in the world and the NYSE is the second largest.
B) In terms of the number of companies listed and shares traded on a daily basis, the NYSE is larger than the ASX.
C) Companies listed on the NYSE tend to be, on average, larger in size and their shares trade more frequently than companies whose securities trade on ASX.
D) In Australia, most secondary equity market transactions take place on the ASX.

Question

Quizplus · Accepted Answer

This statement is not true because the NYSE is actually the largest in terms of total volume of activity and total capitalization of the companies listed, while the ASX is the second largest.

Which One of the Following Statements Is NOT True About