Financial Markets

Multiple Choice

By definition, key attributes of OVER-THE-COUNTER markets include

  • a centralized exchange ("counter") where traders meet to trade. 
  • a geographic dispersement of dealers who make the market by posing bid/ask prices. 
  • a geographic dispersement of brokers who match offers to buy with offers to sell. 
  • an exclusive focus on trades in domestically issued bonds or stocks. 
  • an exclusive focus on trades backed by government guarantees. 
 

Diskussion