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Explanation:
US Treasury bonds are typically traded in the OTC market. By contrast, futures contracts such as heating oil futures and S&P 500 futures are exchange-traded, and common stock such as Google shares are primarily exchange-listed.
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Question 135.2 Which of the following trades exclusively in an over-the-counter (OTC) market?
A
Heating oil futures
B
Stock shares in Google (Ticker: GOOG)
C
S&P 500 Futures contract on CME
D
US Treasury bonds