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bet | 9/10 | Sana | 31.12.2021 | Hajmi | 0,54 Mb. | | #273022 |
| Bog'liq CH2 - Presentation Slides
Over the Counter Market (OTC) - For firms who don’t meet listing requirements of major exchanges.
- Avoids major exchange reporting requirements and fees.
- More stocks and over 90% of corporate bonds traded on the OTC than on organized exchanges.
- Trading done through brokers and broker - dealers.
- National Association of Security Dealers Automated Quotation System. (NASDAQ)
- “Screen Based – Floorless Market”
American Tobacco Company – broken up in a 1911 antitrust action. Chicago Gas Company – now an operating subsidiary of Integrys Energy Group. Distilling & Cattle Feeding Company – now Millennium Chemicals which is in Chapter 11 bankruptcy.
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