Over-the-counter (OTC) market is a market for share of stock, options (including foreign currency options), or other financial contracts conducted via electronic connections between dealers. The over-the-counter markets has no physical location or address, and is thus differentiated from organized exchanges which have a physical location where trading takes place.
Over-the-counter (OTC) market is a secondary market in which dealers at different locations who gave an inventory of securities stand ready to buy and sell securities “over the counter” to anyone who comes to them and is willing to accept their prices.
Over-the-counter (OTC) market is an electronic network of several thousand brokers who communicate trades through the National Association of Securities Dealers Automated Quotation System (NASDAQ).