Question
33) What is the difference between third and fourth markets? A. A third market involves trading exchange-listed securities in OTC markets, while fourth market trading
33) What is the difference between third and fourth markets?
A. A third market involves trading exchange-listed securities in OTC markets, while fourth market trading involves institution-to-institution trading without using the services of brokers or dealers.
B. A third market involves trading institution-to-institution trading without using the services of brokers or dealers, while a fourth market involves trading exchange-listed securities in OTC markets.
C. A third market involves trading in corporate equities, while a fourth market involves trading in corporate debt. D. A third market involves trading in corporate debt, while a fourth market involves trading in corporate equities. E. A third market involves trading in call options, while a fourth market involves trading in warrants.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started