Examveda
Examveda

Market where market makers keep record of stock of financial instruments is classified as

A. stock market

B. dealer market

C. outcry auction system

D. face to face communication

Answer: Option B

Solution(By Examveda Team)

Market where market makers keep record of stock of financial instruments is classified as dealer market. A dealer market is a financial market mechanism wherein multiple dealers post prices at which they will buy or sell a specific security of instrument.

This Question Belongs to Commerce >> Financial Management

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