What is the fourth market ?
2 Answer(s)
SANTOSH
The trading of exchange-listed securities between institutions on a private over-the-counter computer network, rather than over a recognized exchange.Trades between institutions will often be made in large blocks and without a broker, allowing the institutions to avoid brokerage fees.
Sep 19 2015 06:55 PM
shital.pathak
Fourth market trading is direct institution-to-institution trading without using the service of broker-dealers.
Sep 19 2015 11:58 PM