Over the counter market in economics and finance

Hello everyone! Today, we're going to explore the Over-the-Counter market, often referred to as the OTC market. Unlike traditional exchanges, the OTC market is a decentralized platform where various financial instruments, such as stocks, bonds, and derivatives, are traded directly between two parties, without the involvement of a centralized exchange. This market plays a crucial role in the global financial system, facilitating transactions that are not listed on formal exchanges.