Trading & MarketsPregunta 95 de 125
The third market refers to:
a.Trading of new issues
b.Trading of foreign currencies
c.Exchange-listed securities traded over-the-counter, often between institutions
d.Options traded on an exchange
Explicación
The third market is the trading of exchange-listed securities in the over-the-counter market, frequently involving institutional investors and market makers away from the primary exchange. The fourth market, by contrast, refers to direct institution-to-institution trading, often through electronic networks.
Practica las 125 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- A reverse stock split (for example, 1-for-5) results in a shareholder holding:
- A tender offer is:
- When a company pays a cash dividend, on the ex-dividend date the opening stock price is typically:
- A good-till-canceled (GTC) order:
- A dealer (principal) transaction differs from an agency (broker) transaction because in a principal trade the firm:
- The National Best Bid and Offer (NBBO) represents:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con FINRA Series 7 General Securities Representative Exam · Cómo revisamos