• Over-the-counter (OTC) refers to the process of how securities are traded for companies not listed on a formal exchange.
  • Securities that are traded over-the-counter are traded via a dealer network as opposed to on a centralized exchange.
  • OTC trading helps promote equity and financial instruments that would otherwise be unavailable to investors.
  • Companies with OTC shares may raise capital through the sale of stock.

Further Reading

  • Analysis of OTC Market Abroad and its Enlightenment [J] – en.cnki.com.cn [PDF]
  • Analysis of the Factors Affecting OTC Derivatives Market in the United States and Its Enlightenment [J] – en.cnki.com.cn [PDF]
  • The Developing Pattern and Path of Shanghai OTC Market [J] – en.cnki.com.cn [PDF]
  • On the Strategy of Building Property-right-board in the OTC Stock Market in Tianjin [J] – en.cnki.com.cn [PDF]
  • The impact of option listing on the price volatility and trading volume of underlying OTC stocks – link.springer.com [PDF]
  • Medium and Small-sized Business Financing and OTC Market – en.cnki.com.cn [PDF]
  • … of dealer credit terms related to securities financing and OTC derivatives: some initial results from the new Senior Credit Officer Opinion Survey on Dealer Financing … – papers.ssrn.com [PDF]
  • To Develop OTC Markey, To Solve the Difficulty in SMEs Financing——An Example of Chongqing OTC Market – en.cnki.com.cn [PDF]