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What is an OTC?
It refers to the process of how securities are traded via a broker-dealer network as opposed to a centralized exchange.
It can involve equities, debt instruments, and derivatives, which are financial contracts that derive their value from an underlying asset such as a commodity.
What Is an Example of an Over-the-Counter Market?
This is where financial securities are traded through a broker-dealer network as opposed to a financial exchange, which is known as exchange trading and is centralized.
An over-the-counter market is not centralized and occurs between two parties.
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If you are looking to get your cannabis business listed on the OTC Market, then contact us today so that we can help you through the entire process including financial audits and ongoing reporting requirements.