| over-the-counter |
Figurative term for the means of trading securities that are not listed on an organized stock exchange such as the New York Stock Exchange. Over-the-counter trading is done by broker-dealers who communicate by telephone and computer networks.
Ãâó: countrystudies.us/united-states/economy-12.htm
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| over-the-counter |
A residual securities market. All transactions that do not take place on a stock exchange are said to be executed in the OTC Market.
Ãâó: cobrands.business.findlaw.com/banking_financing/so...
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| over-the-counter |
(OTC) - A transaction not conducted over an exchange. The over-the counter nature of the FX market eliminates clearing and exchange fees, and thereby lowers transaction costs. Online trading technology gives direct access to market maker prices, and this in turn also lowers transaction costs, and eliminates commission fees. In addition, currency trading entails spreads that are narrower than those found in the equities markets (especially after-hour markets). ...
Ãâó: www.forexcourse.com/forex-glossary.html
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| over-the-counter |
Non-official markets created by dealers trading separately from established exchanges
Ãâó: www.ashburton.com/XX_Glossary/
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| over-the-counter |
Stocks not traded on a securities exchange. OTC stocks are traded by brokers for their own accounts. Many OTC stocks are traded in a market called "NASDAQ," which is set up by the National Association of Securities Dealers (NASD).
Ãâó: www.smithbarney.com/yin/he_dictionary.htm
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