Difference between revisions of "Over-the-counter"

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Figurative term for the means of trading securities that are not listed on an organized stock exchange such as the New York Stock Exchange. Over-the-counter trading is done by broker-dealers who communicate by telephone and computer networks.
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Figurative term for the means of trading securities that are not listed on an organized stock exchange such as the [[New York Stock Exchange]]. Over-the-counter trading is done by broker-dealers who communicate by telephone and computer networks.
  
 
==Sources==
 
==Sources==

Latest revision as of 13:07, October 22, 2007

Figurative term for the means of trading securities that are not listed on an organized stock exchange such as the New York Stock Exchange. Over-the-counter trading is done by broker-dealers who communicate by telephone and computer networks.

Sources

http://usinfo.state.gov/products/pubs/oecon/chap12.htm