lowtrade

[lowtrade]

For trading under qualified public company stock. Which don't have strong enough financial strength to be safe for national trading exchanges, like the NAZ, NYSE, American, there are several electronic systems for them also.

It's called the OTC "over the counter" trading market. With in this electronic trading market was the OTC BB "Bulletin Board" & Pink OTC or Pinksheets. I think late 2000's an outfit called OTC Markets popped up and took over Pinksheets. It reported the OTC universe in tiers or levels of startup company reporting transparence. The OTCQX, OTCQB, OTCpink.

So there remained 2 inter broker/dealer trading systems. Which belonged to FINRA. So happens the OTC Markets front and back end systems were more evolved electronically and started to dominate stock trading of OTC "over the counter" penny, sub, and micro stock markets.

FINRA It is a non-governmental organization that regulates member brokerage firms and exchange markets; "OTC electronic trading systems." And basically their saying it's not worth clearing OTC BB transactions any longer. They stopped clearing Pinksheets when OTC Markets started, 2008/9.

BigBake1 can probably correct any errors I just posted. There is also a link between FINRA and the DTCC for clearing and settlement services. But basically, the OTC BB and OTC Markets belong to FINRA's organization and are 2 different electronic trading systems, Just like the American and NYSE. Think of it like the big boards and the little boards. And FINRA is thinking of closing one OTC exchange again. Just like it closed Pink OTC, years ago, when OTC markets took over Pinksheets. And Pink OTC inter broker/dealer trading systems was closed. This will leave , 1 OTC trading system. Owned by OTC Markets, belonging to the FINRA organization.

LOL 1 entity is not much of an organization, is it. LOL Buts that's the way of big money! Central control. A new world order one step closer.

http://www.otcbb.com/
http://www.otcmarkets.com/home