Over the Counter (OTC)

RECENT NEWS
MedPage Today  Mar 22  Comment 
(MedPage Today) -- Helps with self-care in type 2 patients, delivers reports to providers
Mondo Visione  Mar 21  Comment 
OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX) that provides clearing and settlement services for over-the-counter (OTC) derivative transactions, has launched a client clearing...
Benzinga  Mar 19  Comment 
Major cannabis stock indices have been falling for three consecutive weeks, ever since White House Press Secretary Sean Spicer suggested the federal government would enforce federal law in states where recreational weed has been legalized, despite...
Benzinga  Mar 17  Comment 
Investing in marijuana stocks isn't easy and definitely not for the risk-averse. With so many penny stocks out there, how can individual investors tell the good from the bad? Investment banker and President of cannabis advisory firm Electrum...
Benzinga  Mar 13  Comment 
Benzinga recently spoke with investment banker and President of cannabis advisory firm Electrum Partners, Leslie Bocskor, about how CEOs in the marijuana industry could navigate market volatility in times of regulatory uncertainty. The key to...
Mondo Visione  Mar 13  Comment 
The Financial Stability Board (FSB) today published a consultation document on Proposed governance arrangements for the unique transaction identifier (UTI). The consultation sets out proposals for the governance arrangements for a global UTI, as...
Mondo Visione  Mar 6  Comment 
EGX Board approved setting rules to allow EGX Chairman to intercept the codes from transactions if there are irregularities in trading The Board establishes “EGX institution to serve the community” with a contribution of L.E. 5...
Benzinga  Mar 5  Comment 
Conducting business in Africa is usually not a simple endeavor. And, while it is true that each country and each region’s economy is very different from the next, a few things can be said about the continent as a whole and the challenges of...




 

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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