Association of brokers and dealers connected by computer and telephone networks who buy and sell securities that are not listed on one of the traditional exchanges. Unlike the auction market, the OTC market does not have one physical location, and trades are negotiated.
Over the Counter, the term used to describe the trading of futures and options outside a regulated stock exchange. Trade is directly between buyers and sellers and there is no standardization of strikes or expirations.
Over the Counter. Is the marketplace where securities are not listed on an exchange. Many derivatives, fixed income securities, and very small capitalization stocks belong in this group. Another notable difference between Over the Counter instruments and listed securities is that OTC instruments tend to be customized whereas listed instruments are standardized.
Over-the-counter stocks do not meet the listing requirements of the NYSE or the AMEX, and are traded strictly through Nasdaq's electronic computer network. In other words, all Nasdaq stocks are OTC stocks. The smallest companies are traded on what's known as the OTC Bulletin Board.
OTC is a short-form for "over the counter", and it is used to refer to drugs which can be bought without a prescription. Perhaps you keep children's ibuprofen on hand for your child's fever. You might also have a bottle of aspirin or Tylenol for headaches. Perhaps you have something for heartburn in your medicine cabinet. These products are OTC pharmaceuticals, which you can buy without prescription for your family's use.
Over-the-Counter. A market for securities made up of dealers who may or may not be members of a formal securities exchange. The over-the-counter market is conducted over the telephone and is a negotiated market rather than an auction market such as the NYSE.
A market for securities that are not listed on an exchange. Security orders are transacted via telephone and a computer network that connects dealers. As opposed to the NYSE, which is an auction market, the OTC is a negotiated market. OTC dealers may either act as either principals or agents for customers. The OTC market is regulated by the NASD. OTC stock prices are listed daily in newspapers, with the National Market System stocks listed separately from the rest of the OTC market. The OTC market is a main market for bonds. See: Agency; Auction Market; Dealer; NASD; NASDAQ; National Market System; New York Stock Exchange
A name for a security that is not listed on an exchange. The OTC is the major trading market for all US bonds, as well as many small- and large-capitalization stocks. Whereas non-OTC stocks trade on the floor of actual stock exchanges, OTC issues are traded via telephone and computer networks connecting dealers in stocks and bonds. The dealer may or may not be a member of a securities exchange, but he or she must be a member of the NASD.
Over The Counter. Refers to trading in a security that is not listed and traded on an organized exchanged, or a market in which securities transactions are conducted through a telephone and computer network connecting dealers in stocks and bonds rather than on the floor of an exchange. OTC stocks are usually stocks of smaller companies that do not meet the listing requirements of the New York Stock Exchange or the American Stock Exchange. However, many companies qualifying for listing choose to remain with over the counter trading because of the system of multiple trading by many dealers rather than the approach of the exchanges, where all trading in a stock has to go through the exchange specialist in that stock. The term used to describe a security that is traded through the telephone- and computer-connected OTC market rather than through an exchange. They are regular stock exchanges, but the requirements to get a company listed there are less strict than those of the other exchanges, also cheaper. In Canada the OTC market is known as COATS. In the U.S., it is called the Pink Sheets.
Over the Counter. Geographically decentralized market in which securities transactions are conducted through a telephone and computer network regulated by the National Association of Securities Dealers (NASD).
stands for Over-the-counter; OTC stocks are traded on an OTCBB (over the counter bulletin board) not an exchange, usually because the company has not yet met the requirements necessary to be included on one of the major exchanges. They are regulated by the SEC.
Abbreviation for over-the-counter and is associated with OTC companies, their stocks, and the OTC market, where a market maker quotes bid and ask prices at which he or she will buy and sell shares of stock.
Acronym for over-the-counter, i.e. an off-exchange market. The trade in products (mainly derivatives) that occurs outside the regulated market. The OTC market mainly concerns tailor-made products for professional market parties, but exchange-listed instruments may also be traded OTC.
OVER THE COUNTER. stocks that trade OTC are also called bulletin board stocks or pink sheets. They are registered with SEC but are not listed on an Exchange or Nasdaq. Nasdaq provides information of OTC securities but does not execute their trades.
Over the Counter. Principal market for bonds and some stocks that are not traded on a recognized exchange. Normally brokers and dealers trade directly by phone or electronically. Also known as an Unlisted Market.
Over The Counter. A security, typically of a smaller company, not listed or traded on an exchange. Also, a market where transactions are conducted among security dealers over a network of telephone and computer lines, rather than on the floor of an exchange.
(The Office of Thrift Supervision). Charters federal thrifts, serves as the primary federal examiner and regulator of federal and state-chartered savings associations, and administers laws governing savings and loan holding companies.