Over The Counter [OTC]

Over-the-counter is defined as a transaction made outside of an exchange, often peer-to-peer through private trades. Also called off-exchange trading, is a transaction conducted outside of a traditional trading platform through the help of intermediaries. Often, OTC trading is preferred by private traders as it usually involves huge transactions and offers more flexibility and better pricing than exchanges can offer. Equities and cryptocurrency derivatives are among financial instruments that are tradable over the counter.