A decentralized market (as opposed to an exchange market) where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. The NASDAQ market is an OTC market for US stocks. Antithesis of listed.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfgloso.htm
drugs that are available without a prescription.
Found on
http://www.encyclo.co.uk/local/22225
A decentralized market (as opposed to an exchange market) where geographically dispersed dealers are
Found on
http://www.encyclo.co.uk/local/22402
In the US, a market where small capitalisation stocks (and some large capitalisation stocks as well), shell companies, inactively traded and unregistered stocks trade. The pink sheets and the OTC Bulletin Board (OTCBB) are the only places left in the US where unregistered stocks trade.
Found on
http://www.exchange-handbook.co.uk/index.cfm?section=glossary&first_letter=
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.
Found on
http://www.oasismanagement.com/glossary/
No exact match found.
