Asked by Banaz Fetah on Jun 03, 2024

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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.
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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.