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 ?
That computer became known as a bulletin board system, or BBS.
A basic bulletin board system might contain an announcement area, one message conference area, and a few text files for users to read or download, that is, transfer to their own computers.
The Boardwatch BBS has searchable lists of bulletin board systems in the BBS Database section accessible from the main menu.
line of bulletin board systems (BBS) software, the QmodemPro line of telecommunications software and the Off-Line Xpress series of electronic mail (e-mail) management software.
Telnet is an Internet protocol used for connecting machines and to remotely log on to other computers on the Internet such as UNIX shell accounts, MUDs or Bulletin Board Systems.
QmodemPro enables computer users to transfer data and files to other Bulletin Board Systems (BBSs), corporate mainframes and PCs.
The Electronic Yellow Pages(TM) is available through its online services, KIOSK systems, disks and downloadable files through local bulletin board systems.
Packard Bell answers almost 100,000 customer inquiries per week via telephone, fax and Bulletin Board Systems.

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