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
An over-the-counter (OTC) market is a decentralised network...
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Last
$2.31 |
Change
0.050(2.21%) |
Mkt cap ! $3.015B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.41 | $2.30 | $28.87M | 12.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 223142 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 101520 | 1 |
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