SIE Exam Question 748: Answer and Explanation

Question: 748

Which of the following is an electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system?

• A. ECN
• B. Instinet
• C. OTC Bulletin Board
• D. OTC Quotation System

Correct Answer: C

Explanation:

The OTC Bulletin Board is an electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.