Over the Counter (OTC)

RECENT NEWS
Financial Times  May 16  Comment 
Rules for trading on Swap Execution Facilities, seen as a way to reform OTC derivatives without forcing them on to an exchange, have been watered down
Mondo Visione  May 16  Comment 
Today’s releases promise to fundamentally restructure the over-the-counter markets (“OTC”) for swap trading, and increase pre-trade transparency and participation for many that were previously unable to access or compete for liquidity in the...
The Hindu Business Line  May 16  Comment 
Piramal Enterprises’ OTC Division has launched Jungle Magic Banditz, a toy-cum-mosquito repellent for children aged 5 to 11. They are wrist bands which contain natural ‘citronella essence’ and are...
OilVoice  May 14  Comment 
GMX RESOURCES INC. OTC MarketsGMXRQ is an oil and gas exploration and production Company with assets in the Williston Basin Denver Julesburg quotDJquot Basin and East Texas Basin. The Com
Benzinga  May 14  Comment 
HyperSolar (OTC: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and any source of water, today announced that an overview of its patent pending technology using solar powered...
OilVoice  May 10  Comment 
On Thursday May 9 Petrobras ended its participation in the Offshore Technology Conference OTC in Houston USA with a technical session on subsea technology systems. In addition to the ongoing p
Benzinga  May 8  Comment 
Aker Solutions ASA (OTC: AKKVY) reported a 46% drop in its first-quarter net profit. Aker Solutions' quarterly net profit fell to NOK270 million, or NOK1 per share, from NOK498 million, in the year-ago quarter. However, analysts were expecting...
OilVoice  May 8  Comment 
Petrobras will double in size by 2020. The statement was made today by the Company39s CEO Maria das Graccedilas Silva Foster during the Offshore Technology Conference OTC in Houston USA. T
Benzinga  May 7  Comment 
ProSiebenSat.1 Media AG (OTC: PBSFY) reported a rise in its first-quarter net profit. ProSieben's quarterly net profit surged to EUR50.0 million, from EUR40.4 million, in the year-ago period. Its revenue climbed to 562.8 million euros...




 

Over-the-counter (OTC) financial transactions represent all the financial activities that don't take place on an organized market. OTC transactions implies a transaction between financial actors that agree privately on volume and price. No public report is usually made on those transactions. They mostly involve large financial institutions such as investment banks, hedge funds, or blue chip companies.

OTC transactions frequently used on derivative instruments like forward rate agreements, swaps, or forward contracts. OTC contracts have been highly criticized since they imply very little transparency.

The Financial Industry Regulatory Authority (FINRA) regulates brokerdealers that operate in the over-the-counter (OTC) market. On the OTC market you can trade equity securities, corporate bonds, government securities and derivative products. The OTC Bulletin Board (OTCBB) and the Pink Sheets, for example, operate within the OTC market. The Pink Sheets and the OTCBB are quotation services for OTC securities. The Pink Sheets is a privately owned company. Unlike the OTCBB, issuers do not have to file financial reports to the SEC to be quoted.


OTC Stocks

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki