OTC: Difference between revisions

OTC (view source)

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-{{g}}Over the counter. As opposed to on {{tag|exchange}}, or {{fcaprov|regulated market}}, or {{fcaprov|MTF}}. It's a quaint old notion that you could pop into your local branch of your investment bank and acquire a derivative contract from a teller, but there it is.
+{{g}}'''[[Over-the-counter]]'''. As opposed to on {{tag|exchange}}, or {{fcaprov|regulated market}}, or {{fcaprov|MTF}}. It’s a quaint old notion that you could pop into your local branch of your investment bank and acquire a derivative contract from a teller, but there it is.
-OTC really means a private, bilateral contract, on bespoke terms, in contrast to one that is standardized, public and traded on exchange.
+“OTC” really means a private, bilateral contract, on bespoke terms, in contrast to one that is standardised, public and traded on exchange.
 ===Examples of OTC contracts===