OTC (over-the-counter market, also known as over-the-counter market or over-the-counter market) is completely different from the exchange market. OTC has no fixed venue, no prescribed membership, no strict and controllable rules and regulations, no prescribed trading products and restrictions, mainly one-on-one trading conducted by trading partners through private negotiations. Off exchange trading is mainly conducted in the financial industry, especially in countries where banks and other financial institutions are highly developed.
The OTC (Over The Counter) market is the oldest securities trading venue in the world. Originating from the practice of banks selling stocks to customers at the bank counter, it was called the over-the-counter market. Also, because this type of trading is not conducted on an exchange, it is also called an over-the-counter market or over-the-counter market.
The largest OTC market currently is in Singapore, providing various forex, index, and futures trading options, as well as Morgan Stanley's Taiwan, Hong Kong, and other reference indices for investment. OTC trading in Europe has developed more vigorously than traditional exchanges, becoming a new darling of modern investment.