A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
OTC
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| - | Abbreviation for Over The Counter. A market conducted directly between dealers and principals via a telephone and computer network rather than via an [[Exchange|exchange]]. Unlike an exchange there is no automatic disclosure of the price of deals to other market participants and deals and traded instruments are not standardized. | + | Abbreviation for Over The Counter. A market conducted directly between dealers and principals via a telephone and computer network rather than via an [[Exchange|exchange]]. Unlike an exchange there is no automatic disclosure of the price of deals to other market participants and deals and traded instruments are not standardised. |
Revision as of 08:18, 9 June 2009
Abbreviation for Over The Counter. A market conducted directly between dealers and principals via a telephone and computer network rather than via an exchange. Unlike an exchange there is no automatic disclosure of the price of deals to other market participants and deals and traded instruments are not standardised.