Otc Stock Quotes

Options and forwards are traded on all kinds of financial instruments, including stocks, bonds, and various market indices. Some are traded on organized exchanges throughout the world. Others are traded only in privately negotiated transactions, called over-the-counter, or OTC. Exchange-traded derivatives are more highly regulated, more liquid, and more dependable than OTC derivatives. To get information about an exchange-traded derivative, you can simply look in the Wall Street Journal or call a broker. In contrast, you might never be able to discover certain information about an OTC derivative unless you worked in the derivatives group at an investment bank.

So, similarly, there’s another exchange (auction) that sells smaller, cheaper companies. It’s called the Over The Counter Market (OTC). It’s more like the lower priced rocking chair / furniture auction. I'm not knocking the companies that are sold there. They are just much smaller companies, many of which are just getting started. Some of these startup companies can offer incredible profit opportunities if you have good research and pick the right one.

Interestingly, as I was writing this book, TapImmune (TPIV) left the small stock OTC Exchange and moved up to the NASDAQ Exchange, where stocks have to cost $ 5 or more. But I still just enter TPIV if I want to buy more shares, like I did in the past. And now my order is automatically sent to the NASDAQ, instead of the OTC exchange.