OTC: Difference between revisions

OTC (view source)

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	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 standardized, public and traded on exchange.