16/10/2026
What does it actually mean for a company to trade on the OTC market?
OTC securities can be publicly traded in the U.S. without the company being listed on a national securities exchange such as Nasdaq or the NYSE.
But the OTC market is more than simply “trading outside an exchange.”
Its structure involves broker-dealers, market makers, electronic trading infrastructure and different market tiers, all operating within the broader U.S. securities regulatory framework.
In Issue #01 of our OTC MARKETS INSIGHTS series, we break down:
• What the OTC market is
• How OTC trading is structured
• How it differs from national securities exchanges
• The role of OTC Markets Group
• The current OTC market structure
• How regulation and market oversight apply
These fundamentals provide a useful starting point for understanding how the U.S. OTC market works.
➡ Swipe to learn more.
Next Issue: Understanding OTCQX, OTCQB & OTCID