over-the-counter market

(redirected from Over-the-Counter Stocks)
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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 ?
OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade over-the-counter stocks.
While none of these European companies are listed on the NYSE or NASDAQ, they are publicly traded, and American investors can purchase their shares as over-the-counter stocks.
The market, like the pink-sheet market in the United States, which handles trades in over-the-counter stocks not included in the daily NASDAQ listing.
The Nasdaq market was created by an association of traders dealing in what used to be called over-the-counter stocks.
Mike and Tuck traded over-the-counter stocks and rode the same boat each morning.
June 25, the company's stock began trading on the pink sheets, a daily listing of quotes for over-the-counter stocks, under the ticker symbol MAXIQ.
It has been trading in the "pink sheets" -- a daily listing by the National Quotation Bureau that details bid and asked prices of over-the-counter stocks not carried by the OTC Bulletin Board.
But as events have unfolded, the big three stock-market indicators - the Dow Jones industrial average, the Standard & Poor's 500-stock composite index and the Nasdaq composite of what used to be called over-the-counter stocks - headed into late November with gains of better than 20 percent for the year to date.
Indeed, one key reason Fidelity created the OTC Portfolio was that the firm's executives believed (correctly) that over-the-counter stocks were nearing the bottom, and would soon start rising.

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