The Over-the-Counter (OTC) exchange is not an organization but an intangible market for trading securities which are not listed by the organized exchanges.

Question

Quizplus · Accepted Answer

The statement accurately describes the nature of the OTC exchange, which is a decentralized market where trading of unlisted securities takes place without a central physical location or formal structure.

The Over-The-Counter (OTC) Exchange Is Not an Organization but an Intangible