Unlike the organized exchanges, the OTC makes a market in both outstanding securities and new public issues, making it both a secondary and a primary market.

Name: Unlike the organized exchanges, the OTC makes a market in both outstanding securities and new public issues, making it both a secondary and a primary market.
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Quizplus · Accepted Answer

This statement is true. OTC markets facilitate trading of existing securities in the secondary market as well as new public issues in the primary market.

Unlike the Organized Exchanges, the OTC Makes a Market in Both