Difference in selling over the counter and stock exchanges stock?
Quick Question:
I'm wondering what the difference is between is selling otc stock and normal exchange stock.
I hear that when you sell sell stock from a exchange, its guaranteed by an investment bank that you will get the money and when you sell otc market stocks, you have to wait for a buyer for your particular order. Is this true?
Thanks and have a good 1.
Stock best answer:
Answer by Raysor
OTC is not a merket (no order book). It's basically matched bargains. Still goes through a broker.
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