Trading of listed securities through the OTC market. Often it is institutional investors that are most active in this market as they can trade a large group of securities directly without having to use an exchange, thus giving buys more anonymity.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser