Direct interaction between two parties without an intermediary. Thus, any market where items such as stocks or currency are bought and sold at a distance, rather than on the exchange
The place where stocks and bonds that aren't listed on any exchange (such as the New York or American stock exchange) are bought and sold Despite the small-stock, small-town image conjured up by its name, in reality the over-the- counter market (OTC) is a high-speed computerized network called Nasdaq, which is run by the National Association of Securities Dealers
Over The Counter grade products are products that are generally not covered by medicare or other insurance coverages and do not require a prescription from a physician
Any security not listed or traded on an organized exchange; popularly refers to an issue failing to meet listing requirements of the New York or American stock exchanges and quoted only on the OTC Bulletin Board or the NQB Pink Sheets
A geographically decentralized market in which stock and other securities transactions are not conducted in person -- as on the much-televised floor of the New York Stock Exchange -- but through a telephone and computer network The over-the-counter market is regulated by the National Association of Securities Dealers (NASD)
Any security that is not listed or traded on any of the regular exchanges Unlisted securities are usually traded by independent dealers (or any dealer that handles trades through non-exchange means)
The market for securities issued by companies usually not listed on any stock exchange Over the counter (OTC) trading is the principal market for U S government and municipal bonds
Geographically decentralized market in which securities transactions are conducted through a telephone and computer network regulated by the National Association of Securities Dealers (NASD)
Figurative term for the means of trading securities that are not listed on an organized stock exchange such as the New York Stock Exchange, as in OTC margin bonds Over-the-counter trading is done by broker-dealers who communicate by telephone and computer networks
An instrument is traded over-the-counter (OTC) if it is not traded on a formal exchange Most debt instruments are traded OTC with large brokerages making markets in specific issues Forwards, swaps and customized options are also traded OTC
the "over the counter" market denotes the demand for and supply of made to measure securities, for example derivatives whose details differ from the standardised derivative contracts traded on the exchanges Because the OTC securities are designed by the issuing bank to fit the needs of particular customers there is less opportunity for a secondary market than in the case of standardised exchange-traded securities
This essentially means "not centralized" Unlike the equity market, which has a recognizable physical location to trade stocks, the bond market is decentralized, without one meeting place; transactions occur verbally or electronically between markets
A market for securities that are not listed on an exchange Security orders are transacted via telephone and a computer network that connect dealers As opposed to the NYSE, which is an auction market, the OTC is a negotiated market OTC dealers may either act either as principals or as agents for customers The OTC market is regulated by the NASD
A security, typically of a smaller company, not listed or traded on an exchange Also, a market where transactions are conducted among security dealers over a network of telephone and computer lines, rather than on the floor of an exchange
A market in which securities are bought and sold by telephone and computer network, rather than on an exchange Typically, OTC stocks are issued by companies that do not or choose not to meet eligibility requirements to trade on the New York Stock Exchange or the American Stock Exchange See NASDAQ
A decentralised market where geographically dispersed dealers are linked by telephones and computer screens The market is for securities not listed on a stock or bond exchange
Over-the-Counter refers to stocks not traded on registered exchanges Many OTC stocks are traded through the National Association of Securities Dealers Automated Quotations (NASDAQ), National Market System (NMS), OTCBB (Bulletin Board) or the Pink Sheets
Stocks not traded on a securities exchange OTC stocks are traded by brokers for their own accounts Many OTC stocks are traded in a market called "NASDAQ," which is set up by the National Association of Securities Dealers (NASD)
Stocks trade over-the-counter (OTC) when they are not listed on an organized stock exchange, such as the New York Stock Exchange (NYSE), or electronic stock market, such as the Nasdaq Stock Market (Nasdaq) Government and municipal bonds (munis) are also traded OTC In actual practice, OTC trading is handled by broker-dealers using telephone and computer networks
A decentralized market (as opposed to an exchange market) where geographically dispersed dealers are linked by telephones and computer screens The market is for securities not listed on a stock or bond exchange The NASDAQ market is an OTC market for US stocks Antithesis of listed
A securities market made up of dealers who make trades over the telephone and/or computer It is also called "unlisted market," "street market" and "between or inter-dealer market " Almost all bonds and debentures, as well as some stocks, are traded over-the-counter in Canada
Over-The-Counter securities are bought and sold through dealers rather than through the floor of an exchange Because most OTC securities are too small to be traded on the New York or American stock exchanges, dealers make markets for these securities through Bid and Ask prices The NASDAQ provides these price quotations
A type of market where securities are bought and sold mainly by telephone Dealers may or may not be members of a recognized stock exchange Also called "unlisted" and "street" markets Examples are Canadian Dealer Network (CDN) and NASDAQ
Drugs or medications that are available without a prescription Usually these drugs are not covered by health plans and must be paid in full by the patient The plan may deny payment even if a prescription is written for the medication and it is available over the counter
are the type of medicines which you can buy off the shelf, without a prescription Often people think these medications don't matter, but it is important for health care providers to know about all over-the-counter medicines that your loved one takes on a regular basis Sometimes the ingredients in these kinds of medicines act together with a prescription medicine in a way that is not intended or that could be harmful for a particular person
A market for securities made up of securities dealers who may or may not be members of a securities exchange The over-the-counter market is conducted over the telephone and deals mainly with stocks of companies without sufficient shares, stockholders or earnings to warrant listing on an exchange Over-the-counter dealers may act either as principals or as brokers for customers The over-the-counter market is the principal market for bonds of all types
A decentralized market (as opposed to an exchange market) where geographically dispersed dealers are linked together by telephones and computer screens The market is for securities not listed on a stock or bond exchange The N A S D A Q market is an O T C market for U S stocks Antithesis of listed
Marketplace for securities that are not listed on an exchange OTC trading is regulated largely by the NASD, a self-regulatory group OTC securities are traded by many registered dealers rather than through an exchange specialist Other OTC markets include those for government and municipal bonds
A securities market made up of dealers who make trades over the telephone and/or computer It is also called unlisted market, street market and between or inter-dealer market Almost all bonds and debentures, as well as some stocks, are traded over-the-counter in Canada
Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. Schedules of fees for buying and selling securities are not fixed in the over-the-counter market, and dealers derive their profits from the markup of their selling price over the price they paid. Many bond issues and preferred-stock issues, including U.S. government bonds, are listed on the New York Stock Exchange but have their chief market over-the-counter. Other U.S. government securities, as well as state and municipal bonds, are traded over-the-counter exclusively. Institutional investors such as mutual funds often trade over-the-counter because they are given volume discounts not offered on the exchanges. The regulation of the over-the-counter market is carried out largely by the National Association of Securities Dealers, created by Congress in 1939 to establish rules of conduct and protect members and investors from abuses. See also NASDAQ