OTC Bulletin Board

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OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.

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.

OTC Bulletin Board (OTCBB)

A real-time quotation service for over-the-counter equity securities not listed or traded on a national securities exchange or on Nasdaq. In 2001 the OTCBB included over 330 market makers that provided firm quotations for over 3,600 domestic securities, foreign securities, and American Depositary Receipts. In January 1999 the SEC began requiring companies whose stocks are traded on the OTC Bulletin Board to report current financial information to the SEC. Securities delisted from the OTC Bulletin Board generally start trading through the Pink Sheets.

OTC Bulletin Board (OTCBB).

During the trading day, the electronic OTC bulletin board (OTCBB) provides continuously updated real-time bid and ask prices, volume information, and last-sale prices.

The OTCBB lists this information for unlisted US and overseas stocks, warrants, unit investment trusts (UITs), and American Depositary Receipts (ADRs).

It also lists Direct Participation Programs (DPPs) that are not listed on an organized market but are being traded over-the-counter (OTC).

Approximately 3,600 companies are tracked on the OTCBB. To qualify for inclusion, they must report their financial information to the Securities and Exchange Commission (SEC) or appropriate regulatory agency.

References in periodicals archive ?
Ideally, the BBS should have at least one local message area, with one of the department's officers acting as "conference host" to answer the public's questions.
The dream BBS also might have two "police only" message areas, one for all police officers who live in the area to exchange information and one for the department's officers to use as an electronic mailbox and message service.
Some BBS networks relay messages from a host BBS to hundreds of other bulletin boards nationwide.
She has downloadable graphics software that offers users a colorful view of her BBS.
So remember, before you invest in a BBS, if you don't have a good product Off-line, bringing it online won't make it any better.
He says the primary reason businesses turn to him is they don't want to allocate the time or personnel it requires to run a BBS.
Of course, hiring someone to run your BBS will cost more money.