over-the-counter market

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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 ?
Cromwell Coulson, President and CEO of Pink OTC Markets.
At one time, companies gained a certain amount of prestige among investors by moving their listings from the OTC market to the American Stock Exchange or to the New York Stock Exchange," says Pierre Dunagan, account executive at Dean Witter Reynolds in Matteson, Ill.
In addition, OTC market in Central and Eastern Europe 2009, Comparative analysis and development forecasts 2009-2011, second edition provides details on the underlying demographic and macroeconomic situations in CEE countries, and their relationship to the industry and marketplace.
Strategic planners and executives of firms considering sale of their products on the Russian OTC market
OTC market in Russia 2007 provides complete coverage presented in six detailed sections:
Different market drivers influencing the OTC market are exposed, from economic and demographic trends to consumer behaviour and the underlying epidemiology.
OTC Markets Group also provides data through leading market data redistributors.
Beyond a review of the present situation on the OTC market, the report includes a comprehensive presentation of the various aspects of the sector's operation, covering:
These five new United Kingdom "Holding Companies" are in the process of seeking a listing of these companies on a "third tier" OTC Market in London.
The impending expiry of the patents covering 18 major prescription drugs has encouraged pharmaceutical companies to look towards the OTC market for revenue protection and lifecycle extension for their major products.
This reference book provides the essential mix of OTC market data and analysis.
According to IMS and URC Shanghai estimates, China represents a very significant proportion of the global OTC market and is expected to grow up to 30 percent annually over the next five years.