Foreign Exchange is an OTC Market
OTC Market is a market where equity, securities, corporate bonds, government securities and certain derivative products are traded. OTC Bulletin Board and OTC Link LLC are operates within the OTC Market.
OTC Bulletin Board: It is an electronic inter-dealer quotation system that displays quotes, volume information and last-sale price for equity securities are not listed on a national securities exchange.
Securities quoted on the OTC BB include domestic, foreign and American depository receipts (ADRs).
OTC Link LLC: It is an electronic inter-dealer quotation system that displays quotes, last-sale prices, and volume information in exchange-listed securities. OTC equity securities, foreign equity securities and certain corporate debt securities. Other services provided by OTC Link LLC are
- Subscribers the ability to send and receive trade messages
- Allowing them to communicate for the purpose of negotiating trades
Take Free Practice Tests on OTC Markets