An over-the-counter market is a network of brokers and dealers, connected electronically, that provides for trading in securities not listed on the physical stock exchanges.
Answer the following statement true (T) or false (F)
True
An over-the-counter (OTC) market consists of a network of dealers around the country and includes the well-known NASDAQ market. An OTC provides for trading in securities not listed on the physical stock exchanges. See 3-2: Types of Financial Markets
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