Markets in which transactions are done through computers and telephone without any specific location are classified as
A
past counter market
B
future counter market
C
over counter markets
D
capital counter market
Correct Answer: over counter markets
Markets in which transactions are done through computers and telephone without any specific location are classified as over counter markets. An over-the-counter (OTC) market is a market where trading is done directly between two parties, without any supervision. The difference between OTC markets and exchange markets, is that in exchange markets, trading occurs via exchanges.