Financial markets that are not located in a single physical area. NASDAQ is an example. A security which is not traded on an exchange, usually due to an inability to meet listing requirements. For such securities, broker/dealers negotiate directly with one another over computer networks and by phone, and their activities are monitored by the NASD.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). OTC (Over The Counter Market). Retrieved September 21, 2026, from http://smartdefine.org/otc_(over_the_counter_market)/definitions/1159918 |
| Chicago | Barry Goldsmith. 2010. "OTC (Over The Counter Market)" http://smartdefine.org/otc_(over_the_counter_market)/definitions/1159918 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, OTC (Over The Counter Market), Smart Define, viewed 21 September, 2026, <http://smartdefine.org/otc_(over_the_counter_market)/definitions/1159918>. |
| MLA | Barry Goldsmith. "OTC (Over The Counter Market)" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/otc_(over_the_counter_market)/definitions/1159918> |