Which of the following statements is NOT true about secondary markets?
A) In terms of total stock value of the firms listed, the NASDAQ is the largest in the world and the NYSE is the second largest.
B) NASDAQ is the second-largest stock market in the United States.
C) Firms listed on the NYSE tend to belarger in size and their shares trade more frequently than those traded on NASDAQ.
D) In the United States, most secondary market transactions are done on one of the many stock exchanges.

Question

Quizplus · Accepted Answer

The statement that the NASDAQ is the largest in terms of total stock value of the firms listed, with the NYSE being the second largest, is not true. In reality, the NYSE is typically larger than NASDAQ in terms of the total market capitalization of its listed companies.

Which of the Following Statements Is NOT True About Secondary