Over-the-counter, i.e. not on the stock market: for institutional investors with large amounts to invest. In the case of ETF, the market maker reports the settlements on the stock exchange (transparency). Possible settlements include a) risk price (best price enquiry) and b) trading at closing price or NAV.
German: Ausserbörslich (OTC) (129)
Source: SFO D15 2010 m. e. E., 24.04.2010
Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.