Canadian Securities Course (CSC) Practice Exam

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Practice for the Canadian Securities Course (CSC) exam with our quiz. Test your knowledge with multiple-choice questions. Be prepared for the real exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Where are trades conducted in a dealer market?

On established stock exchanges
Through government agencies
On auction platforms
Over-the-Counter (OTC)

The correct answer is: Over-the-Counter (OTC)

Trades in a dealer market are conducted over-the-counter (OTC), meaning they are not sold on established stock exchanges or through government agencies. Auction platforms may also be used in a dealer market, but they are not the primary location for trades to occur. Therefore, options A and B are incorrect. Additionally, while both OTC and auction platforms involve trades between parties, it is important to note that OTC trading occurs directly between two parties, whereas auction platforms involve multiple parties bidding on a particular item. Therefore, option C is also incorrect as it is not a direct answer to the question.