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LSDefine

Simple English definitions for legal terms

OTC MARKET

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A quick definition of OTC MARKET:

OTC Market: The OTC market stands for Over-The-Counter market. It is a place where people can buy and sell stocks, bonds, and other financial products without going through a formal exchange. It is like a marketplace where people can trade directly with each other. It is called over-the-counter because it is done through a network of dealers rather than on a centralized exchange.

A more thorough explanation:

The OTC market, also known as the over-the-counter market, is a decentralized market where financial instruments such as stocks, bonds, and currencies are traded directly between two parties without the involvement of a formal exchange.

For example, if a company wants to sell its shares to an investor, they can do so through the OTC market without having to go through a stock exchange like the New York Stock Exchange (NYSE) or NASDAQ. Similarly, if a business needs to borrow money, they can issue bonds directly to investors through the OTC market.

The OTC market is often used by smaller companies that do not meet the listing requirements of formal exchanges or by investors who want to trade securities that are not listed on major exchanges. However, because the OTC market is less regulated than formal exchanges, it can be riskier for investors.

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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