Username: Andrew Rating: Asked to: Jacob Rogers Date Created: 16 Sep 2016 |
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Category | 28 |
Tag | Financial |
Question | What is a 'Third Market'? |
Hi Andrew, A third market consists of trading by non exchange-member brokers/dealers and institutional investors of exchange-listed stocks. In other words, the third market involves exchange-listed securities that are being traded over-the-counter between brokers/dealers and large institutional investors. |
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