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Over-the-Counter Bulletin Board

   Also found in: Wikipedia 0.01 sec.
Over-the-Counter Bulletin Board
Over the counter securities trade on a Bulletin Board offered by the National Association of Security Dealers. If the stock is on the bulletin board, it will have a ".ob" suffix.

OTC Bulletin Board
An electronic listing of over-the-counter securities on NASDAQ. The OTCBB lists several thousand securities, including stocks, bonds, ADRs, and others. Since 1999, the SEC has required all companies listed on the OTCBB to report their financial information.

Over-the-Counter Bulletin Board (OTCBB)

What Does Over-the-Counter Bulletin Board (OTCBB) Mean?

A regulated electronic trading service offered by the National Association of Securities Dealers (NASD) that shows real-time quotes, last-sale prices, and volume information for over-the-counter (OTC) equity securities. Companies listed on this exchange are required to file current financial statements with the SEC or a banking or insurance regulator. There are no listing requirements such as those found on the Nasdaq and the New York Stock Exchange. Stocks that trade on the OTCBB have the suffix “OB.”

Investopedia explains Over-the-Counter Bulletin Board (OTCBB)

It is important to note that companies listed on the OTCBB are not a part of the Nasdaq exchange. OTCBB stocks are not especially large or stable and are considered very risky. As a result, very few OTCBB stocks are successful in making the jump from this market to the Nasdaq or any other major exchange because they are unable to meet the listing requirements. Furthermore, because OTCBB stocks tend to trade infrequently, they are less liquid, and consequently, the bid-ask spread is larger.

Related Terms:
Nasdaq
National Association of Securities DealersNASD
• Nonmarginable Security
Over the CounterOTC
Pink Sheets



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Company Expects to Seek Relisting on Over-the-Counter Bulletin Board WORCESTER, Mass.
OTCBB:DNPI) today announced that FINRA has issued the company a new over-the-counter bulletin board symbol - "DNPI.
EPIX intends for its common stock to be eligible for trading on the Over-the-Counter Bulletin Board (the "OTCBB"), an electronic quotation service maintained by the Financial Industry Regulatory Authority (FINRA), effective with the open of the market on Thursday, May 14, 2009.
 
 
 
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