An electronic market with direct deals and no broker in between is an:
AOTC market
BOPD market
COBC market
DODI market
Answer & Solution
Correct answer: A. OTC market
1. Trading happens on computer screens.
2. No exchange floor brings sides together.
3. That is an OTC market.
_Source: OpenStax Principles of Finance, Chapter 12, US Financial Markets._
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