over-the-counter market

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Noun1.over-the-counter market - a stock exchange where securities transactions are made via telephone and computer rather than on the floor of an exchange
securities market, stock exchange, stock market - an exchange where security trading is conducted by professional stockbrokers
References in periodicals archive ?
That's why a lot of big institutional traders stay clear of Bulletin Board stocks.
The Bulletin Board stocks often are linked with Nasdaq's name, however.
Institutional Investment Eligibility - Several institutional investors have investment guidelines that prohibit investment in bulletin board stocks.
I know a lot of people have been let down by scams on the pink sheet and bulletin board stocks, and are quick to write off a company when the market starts to look bad.
Since certain institutions and brokers have restrictions that keep them from investing in or trading bulletin board stocks, with a SmallCap listing, we hope to enlarge our investor base.
1 Trader of Combined NASDAQ and Bulletin Board Stocks (Source: AutEx(R), BlockDATA, 2004; Ranking among investment banks, based on NASDAQ, NNM, SCM and advertised OTCBB combined share volume)