OTC trading refers to financial transactions between market participants that are not traded via the stock exchange. In German, OTC trading is called telephone trading, which today is predominantly processed electronically.
The Over the Counter market includes the off-market trading of:
For Over-the-counter derivatives (‘OTC derivative contracts’) the European Parliament passed the Regulation (EU) Nr. 648/2012 on OTC derivatives, central counterparties and trade repository (EMIR) in 2012.
3 easy steps to your LEI (Legal Entity Identifier).