Which of the following is NOT true of over-the-counter markets?
A)Prices are set by competitive bidding by a large number of traders.
B)Trading does not take place in one physical location.
C)Traders are willing to buy and sell stocks and bonds at a posted price.
D)Traders are linked by computer.

Question

Quizplus · Accepted Answer

Over-the-counter markets do not rely on competitive bidding to set prices, but instead use negotiated prices between buyers and sellers.

Which of the Following Is NOT True of Over-The-Counter Markets