Canadian Securities Course (CSC) Level 1 Practice Exam 2025 - Free CSC Level 1 Practice Questions and Study Guide

Question: 1 / 400

What is a Dealer (OTC) market?

Market for gold trading

Market for rare artwork

Online marketplace for books

Market where market makers post bid-ask quotes

A Dealer (OTC) market is a market where market makers post bid-ask quotes. In an over-the-counter (OTC) market, securities are traded directly between parties without the supervision of an exchange. Market makers play a crucial role in providing liquidity by quoting bid and ask prices for various securities. This option is correct because it accurately describes the function of a Dealer (OTC) market.

Options A, B, and C are incorrect as they do not accurately describe what a Dealer (OTC) market is.

Get further explanation with Examzify DeepDiveBeta
Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy