Examples of OTC in a sentence
AvaTrade’s calculations may differ from the values or prices disseminated by exchanges or other market data sources and AvaTrade shall have sole discretion in deciding whether and how to value securities, derivatives, OTC products or other investment products.
As long as this Purchase Warrant shall be outstanding, the Company shall use commercially reasonable efforts to cause all Shares issuable upon exercise of this Purchase Warrant to be listed (subject to official notice of issuance) on all national securities exchanges (or, if applicable, on the OTC Bulletin Board or any successor trading market) on which the shares of Common Stock issued to the public in the Offering may then be listed and/or quoted.
The following table shows the closing sale prices of First National common stock, as reported on NASDAQ, and Touchstone common stock as reported on the OTC Pink Securities market, as applicable, on March 25, 2024, the last trading day before the public announcement of the merger agreement, and on July 2, 2024, the last practicable trading day before the date of this joint proxy statement/prospectus.
The concept of arbitrage and "scalping", or taking advantage of these Internet delays, cannot exist in an OTC market where the client is buying or selling directly from the market maker.