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单词 over-the-counter market
释义

over-the-counter market

over-the-counter market(OTC market) A market in which financial obligations are bought and sold outside the jurisdiction of a recognized financial market; it was originally so named in the 1870s, from the practice of buying shares over bank counters in the USA. OTC markets are used for trading in specific tailor-made derivative products. The world’s largest OTC market is NASDAQ.

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更新时间:2025/4/12 16:46:13