How To Trade Securities Over-the-counter (OTC)
Over-the-counter (OTC) refers to the process of buying and selling securities not listed on a formal exchange. OTC trading is done in over-the-counter markets (OTCMs), which are negotiated directly between two parties and not quote-driven like exchanges. OTC trading is convenient because it doesn’t require the same level of commitment as trading on an exchange. […]
Source: hapblog.com