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Over-the-Counter Market
(redirected from Over the Counter Market)

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Over-the-Counter Market
Describing a security or trade that does not occur on an exchange. Very often, the OTC market includes securities that are very small and do not trade on an exchange because they do not meet market capitalization requirements. OTC securities may theoretically be traded informally (one may stand on a street corner and sell his/her stocks), but the term usually refers to securities traded through a dealer network.

over-the-counter market (OTC)
A widespread aggregation of dealers who make markets in many different securities. Unlike an exchange on which trading takes place at one physical location, OTC trading occurs through telephone or computer negotiations between buyers and sellers. Although stocks traded over the counter are often more speculative than listed stocks, virtually all government and municipal bonds and most corporate bonds are traded in the OTC market. See also National Quotation Bureau, OTC Bulletin Board, third market.


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The company's common stock will be traded on the over the counter market and be quoted on the Electronic Bulletin Board as well as in the National Daily Quotation Service "Pink Sheets.
If the Company were unsuccessful in appealing the determination, the Company's stock would trade on the Over the Counter Market (OTC).
will withdraw from NASDAQ and over the counter market making effective at the close of the market today, and wind down its operations in an orderly way.
 
 
 
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