Examlex
__________is possible only in small communities in which citizens can meet in a chosen place and decide key issues and policies.
Over-The-Counter Market
A decentralized market where securities not listed on major stock exchanges are traded directly between parties.
Dealers
Individuals or firms in the financial markets that act as principals in trading, buying, and selling securities for their own account.
Third Market
Trading venue for exchange-listed stocks that occurs off the official exchange, often involving large institutional investors through over-the-counter (OTC) transactions.
Fourth Market
Trading of securities directly between investors, bypassing traditional brokerage and exchange platforms.
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