Over the Counter (OTC)

RECENT NEWS
Mondo Visione  Nov 21  Comment 
National Settlement Depository (NSD), Russia’s central securities depository, has launched new electronic matching services for OTC transactions. Now the company’s clients can receive  information about potential counter instructions for OTC...
Mondo Visione  Nov 21  Comment 
National Settlement Depository (NSD), Russia’s central securities depository, a systemically important repository in the Russian market, and CME European Trade Repository Limited (ETR), the ESMA registered and regulated UK-based trade repository...
The Hindu Business Line  Nov 20  Comment 
Dr Reddy’s Laboratories today announced today that it has launched its over-the-counter (OTC) Fexofenadine Hydrochloride and Pseudoephedrine Hydrochloride Extended Release Tablets 60 mg / 120 mg,...
Benzinga  Nov 20  Comment 
Babcock International Group PLC (OTC: BCKIY) reported a gain in its profit for the six months ended September 30. Babcock posted a net profit of 114.1 million pounds ($178.5 million), up from GBP91.6 million, in the year-ago period. Its...
Mondo Visione  Nov 19  Comment 
Derivatives connectivity and regulation specialist Message Automation Limited, today highlighted major challenges in the industry, with regulatory change and new market practices leading to fragmentation of OTC derivatives processing and data...
Benzinga  Nov 18  Comment 
EasyJet PLC (OTC: ESYJY) reported a 22% gain in its full-year profit. The British carrier's pretax profit for the year jumped to GBP581 million ($910 million), versus management's outlook of as much as GBP580 million. Its net profit climbed...
Mondo Visione  Nov 14  Comment 
SimCorp, a leading provider of investment management solutions and services for the global financial industry, today announced that SimCorp Dimension was named “Best OTC Derivatives Technology Platform” at the Global Custodian Awards for...
Benzinga  Nov 11  Comment 
Tribune Media Co (OTC: TRBAA) reported a drop in its profit for the third quarter. The Chicago, Illinois-based company posted a quarterly profit of $38 million, or $0.38 per share, versus a year-ago profit of $49.8 million, or $0.50 per share....
Financial Times  Nov 10  Comment 
Nearly 1000 new companies listed in 2014 amid IPO bottleneck




 

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

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