|
|
Over the Counter Option |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Over the Counter OptionAn option traded off-exchange, as opposed to a listed stock option. The OTC option has a direct link between buyer and seller, has no secondary market, and has no standardization of striking prices and expiration dates. See also Secondary Market.Over the Counter Option Similar MatchesCounterpurchaseCounterpurchaseExchange of goods between two parties under two distinct contracts expressed in monetary terms. Over the counterOver the counterA stock or share that is not traded on a listed exchange, but which is traded between dealers by telephone and computer. OTC stocks tend to be those of companies that do not meet the listing requirements of an exchange, although some companies that do meet the listing requirements choose to remain as OTC stocks. In the US, the rules for trading OTC stocks are enforced by the National Association of Securities Dealers (NASD). Receive floating counterpartyReceive floating counterpartyThe transaction in an interest rate swap who receives payments based on the floating rate and makes payments based on the fixed rate. Hit counterHit counterA program or server-side script which counts the number of "hits" (visits) a Web page receives. Countervailing dutyCountervailing dutyA tariff levied against imports that are subsidized by the exporting country's government, designed to offset (countervail) the effect of the subsidy. Further SuggestionsCountercyclical stocksCountertrade the counter (OTC) Counterparty risk Receive fixed counterparty Counterparty Counterparties Counter trade Counterpart items Counter cheque |
|
|
|