Canadian Securities Course (CSC) Level 1 Practice Exam 2026 - Free CSC Level 1 Practice Questions and Study Guide

Get more with Examzify Plus

Remove ads, unlock favorites, save progress, and access premium tools across devices.

FavoritesSave progressAd-free
From $9.99Learn more

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
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy