A securities market primarily comprised of dealers who buy and sell for their own inventories is referred to which type of market?
A)auction
B)private
C)over-the-counter
D)regional
E)electronic network

Question

Quizplus · Accepted Answer

An over-the-counter (OTC) market consists of dealers who buy and sell securities for their own inventories rather than on a centralized exchange. This is in contrast to an auction market, where trading is conducted through an open outcry system, and a electronic network, where matching of buy and sell orders is done electronically. Private and regional markets are not specific types of securities markets.

A Securities Market Primarily Comprised of Dealers Who Buy and Sell