OTC market

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Noun1.OTC 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 ?
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The OTCQX is the highest tier of the OTC market, reserved exclusively for companies meeting the highest financial standards and that have undergone a thorough qualitative review.
The transition of the company's stock to the Pink OTC Market will have no effect on the shares, and the company's shareholders remain owners of the common stock and will be able to trade the stock on the Pink OTC Market as of December 30, 2011.
OTCQX:AUNXY) (ASX:AKK), an oil and gas development company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX(R).
OTC Markets Group Inc (OTCQX:OTCM) on Wednesday announced Aviation Group Deutsche Lufthansa AG is now trading on the highest tier of the OTC market, OTCQX.
The purpose of the OTC market is to provide investors an efficient and transparent source of investment, besides encouraging promoter to set up new industries or expand the existing enterprises by raising funds in a cost-effective manner in a listing regime where requirements are less stringent.
Regulators are being asked to grapple with the OTC market in oil, but face a difficult task.
All other instruments (both exchange traded and bilateral transactions) constitute the OTC market.
The OSE and the Japan Securities Dealers Association (JSDA), which established the Jasdaq OTC market, plan to hold talks with the Nasdaq Stock Market of the United States when its executives come to Japan in March, they said.
But unlike the NYSE and other stock exchanges, which utilize an auction market, the OTC market relies on a negotiated market system (NASDAQ) to conduct its day-to-day business.
which is expected to make its debut on the OTC market in July.