Which One of the Following Statements Is NOT True About

question 52

Multiple Choice

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

• A) In terms of total volume of activity and total capitalization of the firms listed, the NASDAQ is the largest in the world and the NYSE is the second largest.
• B) In terms of the number of companies listed and shares traded on a daily basis, the NASDAQ is larger than the NYSE.
• C) Firms listed on the NYSE tend to be, on average, larger in size and their shares trade more frequently than firms whose securities trade on NASDAQ.
• D) In the United States, most secondary market transactions are done on one of the many stock exchanges.