The over-the-counter market includes all stocks not listed on one of the major exchanges but constitutes a lesser of a dollar value than the New York and American Exchanges combined.

Question

Quizplus · Accepted Answer

The statement is true. The over-the-counter market, also known as the OTC market, consists of stocks that are not listed on major exchanges such as the New York Stock Exchange or the American Stock Exchange. However, the dollar value of the OTC market is less than the combined dollar value of the NYSE and AMEX.

The Over-The-Counter Market Includes All Stocks Not Listed on One