Over the Counter (OTC)

RECENT NEWS
Benzinga  54 min ago  Comment 
Spain's BANCO DE SABADELL SA (OTC: BNDSY) reported a strong rise in its net profit for the first quarter. Sabadell's quarterly net profit climbed to 174.6 million euros ($187.6 million), versus a year-ago profit of EUR81.2 million. Its net...
Mondo Visione  1 hr ago  Comment 
Starting on 5 May, the Moscow Exchange will set new price ticks for certain securities at its quarterly review. This will affect the following trading modes: T+2 Central order book; Odd lots; Dark pools; Central order book for D...
Benzinga  Apr 23  Comment 
Spain's Caixabank (OTC: CAIXY) reported a strong rise in its profit for the first quarter. Caixabank's quarterly net profit jumped 99 percent year-over-year to EUR375 million ($402.7 million). Its net interest income rose 14.6 percent to...
Mondo Visione  Apr 23  Comment 
smartTrade Technologies announces today that smart-FI™, its end-to-end trading solution designed for Fixed Income and OTC derivatives businesses, was awarded the best sell-side OTC Trading Initiative at the Sell-Side Technology Awards held by...
Benzinga  Apr 20  Comment 
Back in January, Benzinga published a list of 15 marijuana stocks to watch in 2015. The S&P 500 is up more than 2.1 percent so far this year, but how are marijuana investors enjoying 2015? As the debate over marijuana legalization rages on in...
Benzinga  Apr 17  Comment 
Entrepreneurs are rarely eager (or even allowed) to talk to the press immediately after their company has been acquired. Brian Meece, co-founder and CEO of RocketHub, embraced the idea. He was excited to tell Benzinga about RocketHub's sale to...
Mondo Visione  Apr 14  Comment 
Tullett Prebon Information (TPI), a leading global provider of financial market data, today announced that it has entered into a corporate partnership with Cass Business School, City University London. The partnership brings together one of the...
Mondo Visione  Apr 7  Comment 
This is to inform you that the currency risk rate on the Standardized OTC derivatives market will be applied to 11% from April 7, 2015.
Forbes  Apr 4  Comment 
Cooler heads prevailing in Gazprom fight with Ukraine. Stock continues its rally in OTC trading.




 

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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