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Definition of OTC bulletin board

OTC bulletin board

The OTC Bulletin Board is an electronic quotation system in the US that displays real-time quotes, last-sale prices, and volume information for many over-the-counter (OTC) equity securities that are not listed on the Nasdaq Stock Market or the NYSE. Broker-dealers who subscribe to the system can use the OTCBB to look up prices or enter quotes for OTC securities. Although the National Association of Securities Dealers (NASD) oversees the OTCBB, the OTCBB is not part of the Nasdaq Stock Market. Companies which have been 'de-listed' from stock exchanges for falling below minimum capitalisation, minimum share price or other requirements often end up being quoted on the OTC Bulletin Board.



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