Which of the following most accurately describes the difference between a stock exchange and an over-the-counter market?
A. An over-the-counter market excludes stockbrokers from
participation
B. An over-the-counter market does not involve competitive bidding
among buyers
C. An over-the-counter market does not take place in a centralized
exchange place
O D. An over-the-counter market does not give investors a chance to
make trades directly