An over-the-counter (OTC) market is a decentralised network where financial instruments are traded without the supervision of a formal exchange.
Unlike listed exchanges such as the ASX, NYSE or NASDAQ, prices on OTC markets don’t have a natural price discovery mechanism that comes from the supply and demand of buyers and sellers.
Trades on OTC markets are facilitated by “broker-dealers” (known as market makers) who provide bid and offer prices on financial products, effectively setting the price of a security.
https://www.commsec.com.au/education/market-insights/mi-2019/jan/what-are-otc-markets.html
Why all BNPL rise except Z1P?, page-59
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Last
$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5300 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 86880 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |