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 ?
Caption: The final group of 10 Hornady Black Diamopnd BBs from the Stechkin measures 0.776-inches between centers.
In short, the BBS software creates a basic bulletin board that can start taking users' calls almost immediately.
BBS software is designed to do most of the maintenance functions, including setting and monitoring user access requirements, purging old messages, updating file lists and bulletins, and deleting users who have not called the BBS within a specified period of time.
Although setting up a BBS costs little, both Vaughan and Harwin stress that starting a system should not be taken lightly.
Harwin recalls a man who bought loads of expensive software to create his BBS. "He had all this great stuff and no one was calling," says Harwin.
"Because the technology changes so fast, a BBS can make the latest information available to the customer immediately--something much more difficult to do with printed material," Ruddock says.
Diagrams are available on Seagate's BBS as well, giving customers a picture to work with rather than an over-the-phone word description.
With so many BBs flying, suitable eye protection is mandatory because of the real possibility of having a hail of BBs bouncing back upon striking a hard object.
In addition to providing a new way for citizens to interact with the department, the BBS offers a unique way for the agency to provide information to its citizens.
Until those issues are addressed, this case will have a chilling effect all over the country, as BBSs either censor themselves or cease operations in order to avoid prosecution.
We would strongly recommend buying several extra mags, because once you get your hands on this awesome BB-spitting replica of the Walther PPK/S, you'll be totally hooked -- and while you're at it, lay in a good supply of [CO.sub.2] cartridges and BBs as well.
For Macintosh users, FirstClass by SoftArc ($295, 905-415-7000), NovaServer by ResaNova ($119, 714-379-9000) and TeleFinder by Spider Island ($695, 714-453-8095) offer the tools to set up a full-featured BBS.