Over the Counter (OTC)

RECENT NEWS
Mondo Visione  Jul 21  Comment 
OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announces that the Securities and Futures Commission has granted approval of its clearing services for cross currency swaps.  OTC Clear...
Mondo Visione  Jul 19  Comment 
The European Securities and Markets Authority (ESMA) has published an updated questions and answers document (Q&A) on the application of the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS). The Q&A...
Mondo Visione  Jul 19  Comment 
Mondo Visione  Jul 18  Comment 
The  Amman Stock Exchange (ASE) will start applying the  " The Regulating Directives for Trading in Unlisted Securities at the ASE"  which   were  issued by virtue of the provisions of Article 72 of the Securities law No. 76 of 2002  as of...
Benzinga  Jul 15  Comment 
Nintendo Co., Ltd (ADR) (OTC: NTDOY)'s Pokémon GO is creating waves among gamers. Unexpectedly, gamers are discovering corpses, adding a new element of intrigue and curiosity (albeit accidental) to the hit game. Just last week, a 19-year-old...
Mondo Visione  Jul 15  Comment 
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) today published further conclusions on proposals to introduce mandatory clearing and expand mandatory reporting for the second stage of the over-the-counter...
MedPage Today  Jul 14  Comment 
(MedPage Today) -- Wide range of prescription, OTC agents to watch
Mondo Visione  Jul 14  Comment 
OTC Markets Group Inc. (OTCQX: OTCM), operator of the OTCQX®, OTCQB® and Pink® markets for 10,000 U.S. and global securities announced that Vermont state regulations recognize the OTCQX market, and Washington , Wyoming and Iowa ...
newratings.com  Jul 14  Comment 
BASEL (dpa-AFX) - Akari Therapeutics (AKTX) has been given the go-ahead by the UK Medicines & Healthcare Products Regulatory Agency to conduct a phase II trial of Coversin in patients with paroxysmal nocturnal hemoglobinuria. The phase 2 trial...
Benzinga  Jul 13  Comment 
It was bound to happen. Someone figured out how to turn Nintendo Co., Ltd (ADR) (OTC: NTDOY)'s wildly popular Pokémon Go mobile game into an X-rated adventure. According to CNN Money, users are sharing nude pictures of themselves with...




 

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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