over-the-counter market

(redirected from Over-the-Counter Stocks)
Also found in: Dictionary, Thesaurus.

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.

over-the-counter market (OTC)

a MARKET for corporate SHARES which have not obtained a full listing on the main STOCK MARKET. The UK's OTC market was abolished in 1992. See ALTERNATIVE INVESTMENT MARKET.
References in periodicals archive ?
13 /PRNewswire/ -- The American Stock Exchange today announced it will trade options on the over-the-counter stock of Semtech Corporation (stock/option symbol: SMTC/QTU) beginning Wednesday, January 21.
The Amex trades options on 29 broad-based and sector indexes and 863 stocks --including 380 over-the-counter stocks and 84 American Depositary Receipts (ADRs) -- and 97 Long-term Equity AnticiPation Securities (LEAPS.
95 for up to 5,000 shares of Listed and over-the-counter stocks under the new schedule.
The Amex trades options on 29 broad-based and sector indexes and 847 stocks -- including 374 over-the-counter stocks and 79 American Depositary Receipts (ADR's) -- and 97 Long-term Equity AnticiPation Securities(R) (LEAPS(R)).
As a result of the transaction, details of which were not disclosed, Fidelity Capital Markets (FCM) will add a new principal business -- dealing in over-the-counter stocks -- to its wide-ranging array of transaction-oriented brokerage services, while Wagner Stott Mercator maintains and sharpens focus on its core specialist business, where it is among the three largest specialist firms on the New York Stock Exchange.
The Amex trades options on 29 broad-based and sector indexes and 839 stocks -- including 368 over-the-counter stocks and 79 American Depositary Receipts (ADR's) -- and 96 Long-term Equity AnticiPation Securities(R) (LEAPS(R)).
Broad based and price weighted, the index measures the combined performance of 100 listed and over-the-counter stocks in 15 different industries.
The Amex trades options on 29 broad-based and sector indexes and 831 stocks --including 362 over-the-counter stocks and 78 American Depositary Receipts (ADR's)-- and 96 Long-term Equity AnticiPation Securities.
Price-weighted, the index represents 100 listed and over-the-counter stocks from companies operating in 15 different technology-based industries.
Its staff of 50 actively trade positions in the 30 large companies that comprise the current tier of over-the-counter stocks in Russia.
The Amex trades options on 29 broad-based and sector indexes and 825 stocks -- including 360 over-the-counter stocks and 78 American Depositary Receipts (ADR's) -- and 95 Long-term Equity AnticiPation Securities(R) (LEAPS(R)).
The Amex trades options on 29 broad-based and sector indexes and 823 stocks -- including 359 over-the-counter stocks and 77 American Depositary Receipts (ADRs) -- and 95 Long-term Equity AnticiPation Securities(R) (LEAPS(R)).

Full browser ?