Q1004
Market where market makers keep record of stock of financial instruments is classified as
A.
stock market
B.
dealer market
AnswerC.
outcry auction system
D.
face to face communication
Answer: Option B
Solution
Answer: Option B
Solution:
Market where market makers keep record of stock of financial instruments is classified as dealer market. A dealer market is a financial market mechanism wherein multiple dealers post prices at which they will buy or sell a specific security of instrument.