| What is over-the-counter trading? |
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Hosannakk
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| What is over-the-counter trading? |
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When stock is traded on an organized exchange like the New York Stock Exchange (NYSE), there are certain rules and requirements that a company must meet in order to have their stock continue to be eligible to be traded on the NYSE. There is a lot of regulation on exchange-traded stocks.
There are some companies who do not meet the requirements for being traded on the NYSE, and therefore, their stock can only be traded over the counter. There is no regulation over how this stock is traded. For example, I could own a small private business and sell shares of stock to some friends and family. This sale is completely private and not subject to any regulation.
No fake signatures - thanks
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Tue Sep 14, 2010 9:48 pm |
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financegenie
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Online over-the-counter traders can choose from two different trading platforms; direct access trading software, NobleTrader, or web based free over-the-counter trading software.
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Thu Sep 16, 2010 6:08 am |
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Jammy
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| Direct trading |
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Over the counter is a direct trading method. Hope this solves your query
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Fri Sep 17, 2010 8:19 am |
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Jackie101
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Over the counter trade is a direct trading method between two parties, by agreeing to a bilateral trading contract. Both parties agree to some kind of rules before the trade commences. The most common assets of this type of trade are commodities, derivatives and stocks. OTCBB and pink sheets securities are responsible for this type of trade in the United States of America.
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Wed Sep 22, 2010 6:05 am |
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moonraker1
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Fees Schedule for trading securities are not fixed in the over-the-counter market and the regulations are carried out by NASDAQ.
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Fri Sep 24, 2010 11:56 am |
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