Unlisted security

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Unlisted security

A security traded in the over-the-counter market that is not listed on an orgainzed exchange.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Unlisted Security

A stock that is not traded on an exchange. Very often, unlisted securities are very small and do not trade on an exchange because they do not meet market capitalization requirements. Unlisted securities may be traded informally (theoretically, one may stand on a street corner and sell his/her stocks), but the term usually refers to securities traded through a dealer network. They are also called over-the-counter securities.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

unlisted security

A security that trades only in the over-the-counter market. Compare listed security.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Unlisted security.

A security, such as a stock, is unlisted when it does not meet the listing requirements or pay the listing fee of any of the organized exchanges or markets.

Unlisted stock may be traded over-the-counter (OTC), however, and its price and volume may be tracked in the Pink Sheets or on the OTC Bulletin Board (OTCBB).

In most cases, unlisted stocks are thinly traded because they do not get much attention from the media or financial analysts, and so may be too risky for many investors.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
will begin operations late this month, specializing in such products as overseas hedge funds and private equity funds that invest in unlisted stocks, Mitsui said.
Citing a US report, he said that pension funds could expect a five per cent excess return a year from unlisted stocks over quoted equities.
In March 1997, the Tokyo High Court sentenced the lawmaker to three years in prison, suspended for four years, and fined him 42.7 million yen -- the amount he received in bribes in the form of checks and unlisted stocks from August 1984 to September 1986.
"We have a clear conscience," the premier said about allegations that his aide misappropriated unlisted stocks from the widow of a former political supporter.
This is supplemented by smaller companies and unlisted stocks. Butler seeks to identify high growth stories, looking for companies with good management, a strong market share and a healthy financial position.
There are also what are known as unlisted stocks, which are bought and sold in "over the counter" trading, usually by computer.
The courts have acknowledged that unlisted stocks are not as marketable as listed stocks.
Enterprises with basic income exceeding NT$2 million should be subject to 10% income tax for stock gains, while families with basic income exceeding NT$6 million should pay 20% income tax for unlisted stocks.
(OTCQX: OTCM), a financial information and technology services company that provide an electronic marketplace for broker-dealers to trade unlisted stocks.
Financial information and technology services company OTC Markets Group Inc (OTCQX: OTCM), which provides a large electronic marketplace for broker-dealers to trade unlisted stocks, announced on Thursday that Xmet Inc (OTCQX: XMTTF) (TSX.V: XME), a gold focused exploration and development company, is now trading on OTCQX, the highest tier of the OTC market.
At the informal meeting, the cabinet members and parliamentary vice ministers decided to refrain from holding large-scale political fund raising parties and receiving unlisted stocks.
The new system is dedicated for unlisted stocks and is the first of its kind to be launched in the Arabian Gulf region.