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OTC market

[/ˌoʊ tiː ˈsiː ˈmɑːrkɪt/]
nounpl: OTC markets
mercado de balcão
1. A decentralized financial market where securities, currencies, and derivatives are traded directly between two parties without a central exchange
Many pharmaceutical companies trade on the OTC market rather than major stock exchanges.
Muitas empresas farmacêuticas são negociadas no mercado de balcão em vez de bolsas de valores principais.
2. Short for 'Over-the-Counter' market; a market for trading financial instruments outside of formal stock exchanges
The OTC market offers more flexibility but also carries higher risks for investors.
O mercado de balcão oferece mais flexibilidade, mas também envolve riscos maiores para os investidores.
Synonyms
over-the-counter marketoff-exchange marketunlisted market
Antonyms
exchange marketlisted marketformal exchange

Regional Variations

General Brazilian
mercado de balcão
Most common term in Brazilian financial markets
São Paulo
mercado de balcão
Used in the financial hub of Brazil
Portugal
mercado de balcão
Standard term used in Portuguese financial contexts

Related Idioms & Phrases

trade over-the-counter
OTC trading
off-exchange trading
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