OTC
Over-the-counter — trading done directly between two parties rather than on a central exchange.
Related terms
Related lessons
High-Frequency Trading (HFT): Speed, Orders and Liquidity
Understand what fast automated trading does, how latency affects order events, and why speed alone proves neither profitability nor market manipulation.
Cede & Co: Understanding Securities Ownership
Trace US shareholdings through the issuer register, DTC participant accounts and broker records, with worked ownership and distribution reconciliations.
Dark Pools & Alternative Trading Systems
Separate US trading-venue rules from order visibility, trace two hypothetical executions, and understand what dark-pool data can and cannot reveal.
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