Which of the Following Statements Is NOT True About Secondary

question 39

Multiple Choice

Which of the following statements is NOT true about secondary markets?

• A) In terms of market capitalization (total stock value) of the firms listed, the NASDAQ is the largest in the world and the NYSE is the second largest.
• B) NASDAQ is the second-largest stock market in the United States.
• C) Firms listed on the NYSE tend to be, on average, larger in size and their shares trade more frequently than those traded on NASDAQ.
• D) In the United States, most secondary market transactions are done on one of the many stock exchanges.