tyb
All this talk about trump being done is boring.
Why not ask the people instead of the talking heads of the fake msm.
They still think people listen to them or follow the stars and rino's
o7
>'Global OTC derivatives market
Over-the-Counter (OTC): Trading and Security Types Defined
By CHRIS B. MURPHY Updated August 10, 2022
Reviewed by GORDON SCOTT
Fact checked by YARILET PEREZ
https://www.investopedia.com/terms/o/otc.asp
What Is Over-the-Counter (OTC)?
Over-the-counter (OTC) is the process of trading securities via a broker-dealer network as opposed to on a centralized exchange like the New York Stock Exchange.
Over-the-counter trading can involve stocks, bonds, and derivatives, which are financial contracts that derive their value from an underlying asset such as a commodity.
When companies do not meet the requirements to list on a standard market exchange such as the NYSE, their securities can be traded OTC but may still be subject to some regulation by the Securities and Exchange Commission.
KEY TAKEAWAYS
Over-the-counter (OTC) securities are traded without being listed on an exchange.
Securities that are traded over-the-counter may be facilitated by a dealer or broker specializing in OTC markets.
OTC trading helps promote equity and financial instruments that would otherwise be unavailable to investors.
Companies with OTC shares may raise capital through the sale of stock.
Understanding Over-the-Counter (OTC)
Stocks that trade via OTC are commonly smaller companies that cannot meet the exchange listing requirements of formal exchanges. Many other types of securities also trade OTC.
Stocks that trade on exchanges are called listed stocks, whereas stocks that trade via OTC are called unlisted stocks.
Trade transactions can take place through OTC Markets Group's electronic matching platforms: the OTCQX; OTCQB; and the Pink Open Market, also known as OTC Pink or "Pink Sheets".
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FINRA ran an OTC exchange known as the OTC Bulletin Board (OTCBB), but FINRA officially ceased operations of the OTCBB on Nov. 8, 2021.
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Types of OTC Securities
Stocks
The equities that trade via OTC are often small companies prohibited by the $295,000 cost to list on the NYSE and up to $75,000 on Nasdaq. Some well-known large companies are listed on the OTC markets, such as Allianz SE, BASF SE, Roche Holding Ag, and Danone SA.
Bonds
Bonds do not trade on a formal exchange but banks market them through broker-dealer networks and they are also considered OTC securities.
Derivatives
Derivatives are private contracts arranged by a broker and can be options, forwards, futures, or other agreements whose value is based on that of an underlying asset, like a stock.
ADRs
American Depositary Receipts (ADRs), sometimes called ADSs or bank certificates that represent a specified number of shares of a foreign stock.
Foreign Currency
Foreign currencies that trade on the Forex, an over-the-counter currency exchange.
Cryptocurrency
Cryptocurrencies, like Bitcoin and Ethereum trade on the OTC market.
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OTC Markets
The OTC Markets Group operates some of the most well-known networks, such as the Best Market (OTCQX), the Venture Market (OTCQB), and the Pink Open Market. Although OTC networks are not formal exchanges such as the NYSE, they still have eligibility requirements determined by the SEC.
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OTCQX
The OTCQX does not list the stocks that sell for less than five dollars, known as penny stocks, shell companies, or companies going through bankruptcy. The OTCQX includes only 4% of all OTC stocks traded and requires the highest reporting standards and strictest oversight by the SEC.
It includes foreign companies that list on foreign exchanges and some U.S. companies that plan to list on the NYSE or the Nasdaq in the future.
OTCQB
The OTCQB is often called the "venture market" with a concentration of developing companies that have to report their financials to the SEC and submit to some oversight.
Pink Sheets
OTC Pink Sheets is the riskiest level of OTC trading with no requirements to report financials or register with the Securities and Exchange Commission. Some legitimate companies exist on the Pink Sheets, however, there are many shell companies and companies with no actual business operations listed here.
SEC (Securities and Exchange Commission)
Peekaboo
https://nymag.com/intelligencer/article/letitia-james-peekaboo-trump-nickname-theories.html
“Low-Energy Jeb.” “Lyin’ Ted.” “Liddle Marco.” “Crooked Hillary.” During the 2016 election, Donald Trump came to be known as a master of stupid-yet-biting nicknames based on these classics. But for years, his moniker game has been in decline. During the 2020 election, he waffled about whether he should rebrand “Sleepy” Joe Biden as “Swampy Joe” or “Creepy Joe,” and tossed out some lazy, forgettable names for various other nemeses (e.g., “Pencil Neck” Adam Schiff, “Goofy” Elizabeth Warren, and “Crazy” Nancy Pelosi).
Recently, Trump’s nicknaming has deteriorated to the point that it’s often unclear what his insult even means. It’s fallen on journalists like myself to explain why Mitch McConnell is now “Old Crow” (or “Broken Old Crow” and sometimes even “Old Broken-Down Crow) and McConnell’s wife and Trump’s former Transportation secretary is Elaine “Coco” Chao.
Now Trump has dropped another clunker. For months, he’s been calling New York Attorney General Letitia James “racist”; as New York’s Jonathan Chait explained, Trump wanted to convey that it’s “unfair for Black prosecutors to charge [his] crimes.” But on September 21, the day James sued Trump and his children, accusing them of “staggering” financial fraud, he dropped a new nasty name for James on Truth Social.