Over-The-Counter (OTC)
📈 Investing
intermediate

Quick Definition

Over-the-counter (OTC) refers to the process of trading securities for companies that are not listed on a formal exchange. Transactions occur via a broker-dealer network as opposed to a centralized exchange.

Examples

  • 1Trading of small or micro-cap stocks that are not listed on major stock exchanges.
  • 2Foreign exchange transactions, where currencies are traded directly between parties without a central exchange.
  • 3The purchase of certain derivatives like swaps, which are customized contracts traded directly between parties.

Tags

OTCtradingstocksforexderivatives