OTC stands for Over the Counter. OTC stocks are not listed on an official stock exchange. There’s a large network of dealers and brokers. To trade an OTC stock, you must go through a broker to invest.
OTC markets allow trading of 12,400 stocks not listed on major exchanges like NYSE. Risks in OTC markets include higher fraud chances, especially on Pink Sheets. OTCQX, OTCQB, and Pink Sheets vary in ...