What Is Over-the-Counter (OTC)? Over-the-counter (OTC) is the process of trading securities via a broker-dealer network as opposed to on a centralized exchange like the New York Stock Exchange. Over-the-counter trading can involve stocks, bonds, and derivatives, which are financial contracts that derive their value from an underlying asset such as a commodity. When companies
What Is the Over-The-Counter Exchange of India (OTCEI)? The Over-The-Counter Exchange of India (OTCEI) is an electronic stock exchange based in India that consists of small- and medium-sized firms aiming to gain access to overseas capital markets, including electronic exchanges in the U.S. such as the NASDAQ. There is no central place of exchange, and all
What Is OTC Markets Group Inc.? The OTC Markets Group is the owner and operator of the most substantial U.S. inter-dealer electronic quotation and trading system for over-the-counter (OTC) securities. It provides marketplaces for trading more than 11,500 OTC securities. Key Takeaways OTC Markets Group Inc. is the largest U.S. marketplace for OTC securities with
What Is OTC Pink? The OTC Pink, now branded as the Pink Open Market, is the lowest and most speculative tier of the three marketplaces for the trading of over-the-counter (OTC) stocks. All three tiers are provided and operated by the OTC Markets Group. This marketplace offers to trade in a wide range of equities
What Is the OTCQX? The OTCQX is the top tier of the three marketplaces for the over-the-counter (OTC) trading of stocks. The OTCQX is provided and operated by the OTC Markets Group. Stocks that trade on this forum must meet more stringent qualification criteria compared to the other tiers, which are the OTCQB/OTCBB and the Pink
What Are Other Post-Retirement Benefits? Other post-retirement benefits are benefits, other than pension distributions, paid to employees during their retirement years. Post-retirement benefits may include life insurance and medical plans, or premiums for such benefits, as well as deferred-compensation arrangements. Although these benefits are mostly employer-paid, retired employees often share in the cost of these
What Are Other Current Assets (OCA)? Other current assets (OCA) is a category of things of value that a company owns, benefits from, or uses to generate income that can be converted into cash within one business cycle. They are referred to as “other” because they are uncommon or insignificant, unlike typical current asset items
What Is Other Real Estate Owned (OREO)? Other Real Estate Owned (OREO) is a bank accounting term that refers to real estate property assets that a bank holds, but that are not part of its business. Oftentimes, these assets are acquired due to foreclosure proceedings. A large quantity of OREO assets on a bank balance
What Is an Option Schedule? The term option schedule refers to a list of options granted by a company to its employees. Employers commonly offer employees options in the form of stocks as a type of compensation. This is especially common for high-level employees like officers and directors of public companies. The schedule for these
What Is an Option Series? An option series refers to a grouping of options on an underlying security with the same specified strike price and the same expiration month. However, call and put options are parts of separate series. For example, a call option series would include the available calls on a specific security at
