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 ?
decided to start a BBS in 1989, before cyber-talk was chic.
Also, through networking with her BBS customers, Vaughan has found freelance work transcribing audio tapes.
If you already have a computer, you could get a BBS up and running for as little as $600.
We are very pleased to collaborate with Logica's leading integration team to deliver an Internet billing solution for BBS, which is one of the most influential entities in the Norwegian financial market," said Jim Moran, executive vice president and co-founder of edocs.
We believe that BBS is well-positioned to create a highly successful Internet bill presentment and payment solution that will benefit the billers, banks and consumers in Norway," said Bengt Odeen, president of Logica in Scandinavia.
The best way to select BBS software is to talk to other people who run bulletin boards in the area.
They even might be willing to help set up the BBS for the department.