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
(Difference between revisions)
|
|
| Line 1: |
Line 1: |
| - | Synonym: Over The Counter
| + | 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. |
| - | | + | |
| - | A market conducted directly between dealers and principals via a telephone and computer network rather than via an [[Exchange|exchange]] trading [[Floor|floor]]. Unlike an exchange there is no automatic disclosure of the price of deals to other market participants, and the deals and traded instruments are not standardized. | + | |
Revision as of 15:32, 8 December 2008
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 standardized.