Q172
Markets in which transactions are done through computers and telephone without any specific location are classified as
A.
past counter market
B.
future counter market
C.
over counter markets
AnswerD.
capital counter market
Answer: Option C
Solution
Answer: Option C
Solution:
Markets in which transactions are done through computers and telephone without any specific location are classified as over counter markets. An over-the-counter (OTC) market is a market where trading is done directly between two parties, without any supervision. The difference between OTC markets and exchange markets, is that in exchange markets, trading occurs via exchanges.