There is a decentralized market where geographically... - Solved MCQs & Answer

4023EconomicsMedium

There is a decentralized market where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. Name the market?

AOver-the counter (OTC)

BOpen market

CGrey market

DBack market

Correct answer

A. Over-the counter (OTC)

Explanation

The correct answer is Over-the counter (OTC).

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