The over-the-counter market functions through
A)NASDAQ.
B)an organized exchange.
C)the tangible goods market.
D)government auctions.

Question

Quizplus · Accepted Answer

The over-the-counter (OTC) market is a decentralized market where securities are not listed on an organized exchange, such as the New York Stock Exchange (NYSE). Instead, OTC securities are traded through a network of dealers, commonly using electronic communication networks (ECNs) or over-the-counter bulletin boards (OTCBBs). NASDAQ is one of the major OTC marketplaces where securities, such as stocks and bonds, are traded outside of traditional exchanges, making it the best choice for this question.

The Over-The-Counter Market Functions Through