The treasury bills and ijara sukuk could spur activity in Iran's dormant debt markets because they will be tradable in the country's over-the-counter securities
market, known as the Fara Bourse.
Thereafter, the company said that it expects its stock to be traded on the OTCQX Banks operated by OTC Markets Group, a centralised electronic quotation service for over-the-counter securities
, under the same trading symbol, NASB.
Many over-the-counter securities
are similar to the bonds that FINRA placed in Phase 3B : they are infrequently traded, subj e ct to dea ler inventor y availability, and their trading is often motivated by idiosyncratic, firm-specific information.
With the move, the company aims to make its shares quoted and traded by more retail brokers, avoiding some issues it faces while listed on the OTCBB over-the-counter securities
both are converted from the Over-the-counter Securities
Following the delisting, Purple's common stock is expected to be quoted on the Pink Sheets, a centralised electronic quotation service for over-the-counter securities
, so long as market makers demonstrate an interest in trading in the Company's stock.
ACN's shares will be quoted on the Pink Sheets, a system for quoting over-the-counter securities
The scale of derivatives, the rapid growth of unregulated, over-the-counter securities
, the risk in financial institutions.
The National Association of Securities Dealers, now known only as "NASD," is responsible for the operation and regulation of Nasdaq and the over-the-counter securities
markets and has had its eye on sales and exchanges of deferred variable annuities.
Following the de-listing, the company expects its stock to be quoted on the Pink Sheets operated by the OTC Markets for over-the-counter securities
, however, it can give no assurance that trading in its stock will continue on the Pink Sheets or on any other securities exchange or quotation medium.