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OTC

BiyaPay
Published on 2023-07-14 Updated on 2024-11-03
The over-the-counter trading market, also known as the counter trading market, refers to equity transactions in markets other than stock exchanges. The establishment of an over-the-counter trading market in our country can provide an equity trading platform for millions of companies that cannot meet the listing requirements, which is conducive to the development of small and medium-sized enterprises, and also helps our country to form a multi-level capital market. The English full name is Over-the-CounterMarket, and the Chinese translation is Over-the-CounterMarket.
 
OTC has no fixed place, no prescribed membership, no strictly controllable rules and regulations, no prescribed trading products and restrictions, mainly one-to-one transactions conducted by counterparties through private negotiations. Over-the-counter transactions are mainly in the financial industry, especially in countries with well-developed financial institutions such as banks. At present, the largest otc market is in Singapore. In addition to providing various foreign exchange, index and futures transactions, there are also reference indexes such as Taiwan and Hong Kong for investment.