Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. almost all otc stocks trade on nasdaq, which is a

Almost all OTC stocks trade on NASDAQ, which is a computer-linked system. What is true...

50.1K

Verified Solution

Question

Accounting

Almost all OTC stocks trade on NASDAQ, which is a computer-linked system. What is true about OTC market?

a. OTC stocks are generally large and highly liquid listed stocks.

b. The over-the-counter (OTC) market is a broker market, not a dealer market.

c. The dealers set their own bid (buy) aa snd ask (sell) prices of a security.

d. They charge commission rather than making profit through bid-ask spread.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Inversions are particularly dangerous in urban areas becausethey create dangerous winds within citiesthey trap pollutants...

Biology
Q

Estimate the area between the graph of f(x) = x3 − 12x and the x-axis over...

Basic Math
Q

Topic: Commercial energy production After learning about so many different options for commercial energy production, what do...

Biology
Q

Write down the overall general expression for the conductivity of a material taking into consideration the...

Electrical Engineering
Q

MATLAB 2017b The trajectory of a projectile is given by: Write a program which will draw the trajectory...

Mechanical Engineering
Q

What are the differences in need and the reasons why a couple in the US might...

Psychology
Q

The following are the selling price, variable costs, and contribution margin for one unit of each...

Accounting
Q

Anders and Ben are brothers Ben has cystic fibrosis and Anders does not The gene...

Biology
Q

executing S H M as shown in the figure 1 FA time graph of a...

Physics
Q

Two small objects, with masses mand M, are originally a distance rapart, and the gravitational...

Physics
Q

The owner of a baseball stadium found that he sells an average of 586 tickets...

Basic Math
Q

A financial institution is willing to lend you $400. However, $450 is repaid at the...

Accounting