Business / Taxes / Over-The-Counter (OTC): Securities that trade over-the-counter (OTC) are not listed on an organized stock exchange, such as the New York Stock Exchange (NYSE) or the NASDAQ Stock Market. Common stocks, corporate, government, and municipal bonds (munis), money market instruments, and other products, such as forward contracts and certain options, may trade OTC. Generally speaking, the OTC market is a negotiated market conducted between brokers and dealers using telephone and computer networks.
Business / Finance / Over-The-Counter (OTC): A decentralized market (as opposed to an exchange market) where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bo MORE
Business / Taxes / Derivative: Derivatives are financial products, such as futures contracts, options, and mortgage-backed securities. Most of derivatives’ value is based on the value of an underlying security, commodity, or othe MORE