Net sales transaction

Net sales transaction

Refers to over-the-counter trading. Securities deal in which the quoted prices include commissions (i.e., OTC); looked at another way, the buyer and seller do not pay fees or commissions in addition to the print or quotation prices.
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67 for the firms in the post-ITSA sample, which indicates that the pattern of net sales transactions in the event period was not significantly different than that in the estimation period.