Over-the-counter Market (Noun)
Meaning
A stock exchange where securities transactions are made via telephone and computer rather than on the floor of an exchange.
Classification
Nouns denoting man-made objects.
Examples
- The over-the-counter market is a popular platform for trading securities that are not listed on a major exchange.
- Many companies prefer to list on the over-the-counter market rather than a major exchange due to less stringent regulations.
- The rise of electronic trading has made it easier for investors to participate in the over-the-counter market from anywhere in the world.
- The over-the-counter market provides an alternative for investors to buy and sell securities that are not traded on a major exchange.
- The Financial Industry Regulatory Authority oversees the over-the-counter market to ensure fair trading practices and protect investors.