Asked by Banaz Fetah on Jun 03, 2024
Verified
The _____ involves the direct trading of exchange-listed stocks off the floor of the exchange (in the case of NYSE-listed stocks) or outside the network (in the case of NASDAQ-listed stocks) .
A) American Stock Exchange
B) fourth market
C) secondary market
D) primary market
Fourth Market
Direct trading of stocks and securities among investors or institutions without the use of a broker or public exchange.
Exchange-Listed Stocks
Shares of companies that are traded on a formal exchange, such as the New York Stock Exchange or Nasdaq.
- Grasp the functioning of the stock market and its components.
Verified Answer
MP
Manjil ParajuliJun 08, 2024
Final Answer :
B
Explanation :
The fourth market refers to the direct trading of exchange-listed stocks outside of the formal exchange floors or networks, allowing institutional investors to trade securities directly without the involvement of a broker.
Learning Objectives
- Grasp the functioning of the stock market and its components.
Related questions
The ______ Order Instructs the Broker to Obtain the Best ...
The Basic Form of Corporate Ownership Is Embodied in ...
A ______ Is a Nondepository Financial Institution That Has the ...
Investors Buy Securities for the Future Cash Flows That Come ...
Another Name for a Financial Asset Like a Stock or ...