over-the-counter
4
6.0
- adjective
- /ˈoʊvər ðə ˈkaʊntər/
- Specialized
:
extrabursátil
- The stock is currently traded over-the-counter, making it accessible without being listed on a formal exchange.
- over-the-counter market
Options can be either exchange traded or over the counter.
- Options can be either exchange traded or over the counter.
- Don't go to the over the counter markets, don't buy pink sheet stocks.
Examples
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Also, he suggests potential market participants research the currency to see if there are foreign exchange controls and healthy over-the-counter markets that run parallel as a guide to the levels of liquidity.
Blog text (1) -
And we have the advantage in the United States of a strong, over-the-counter stock market that Mary and I referred to earlier.
Academic text (1995) -
The forward contract is a non standardized over the counter contract written by the parties themselves.
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Right now, John, the stock trades over-the-counter at 10 cents a share.
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Note that many dealers chose to clear their transactions through ICE, although most of their transactions still occurred over the counter.
Academic text (2016) -
Another policy is that derivatives, some of which have up to now been traded over-the-counter, will be forced to be traded through central clearing houses.
Blog text (29) -
The relatively large size of individual trades, coupled with low transaction volume, is more consistent with trading levels in fixed-income markets, which remain over the counter for the most part.
Academic text (2016) -
As their name suggests, they exist to broker trades between wholesale-market participants, most of which are banks, and they deal in everything from Treasury bonds to over-the-counter (OTC) derivatives.
Blog text (28) -
DTCC, through its subsidiaries, provides clearing, settlement, and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments, and over-the-counter derivatives.
Blog text (5) -
Although equity and bond markets are seeing very low trading volumes, the drive of the G20 countries to introduce electronic trading for standardized over-the-counter (OTC) derivatives could create a boom in volumes.
Blog text (1)
Synonyms
1
6.5
A share not listed on a stock exchange that is bought and sold through dealers
1
6.6
A market where people buy and sell shares directly by phone or computer
1
6.4
A place where people trade stocks and bonds directly, not on an exchange
Securities that buyers and sellers trade directly, not on a stock exchange
A share traded directly between buyers and sellers, not on a stock exchange
A stock or bond traded outside a stock exchange
An investment like a stock or bond traded directly through dealers, not on a stock market
An investment not listed on a stock market that is sold privately or over the counter
Company shares not sold on a public market and often sold privately
How Traded
- Specialized
4
6.0
Surface Forms
Morphology
over-the-counter = the + counter (semi-transparent) = over + the + counter
The components 'over', 'the', and 'counter' are obvious, but the specialized financial meaning 'not traded on an exchange' is a domain-specific extension not fully predictable from the literal words for an average learner. [Postprocessing: moved 'over' from base_words to prefix]
Etymology
Over-the-counter comes from selling something 'over' a counter, the shop or desk where a person makes a deal in front of another person. So over-the-counter stocks are bought and sold directly through dealers and not on a big stock market.