Wednesday, January 06, 2010 10:37:09 PM
The OTCBB is a quotation medium for subscribing members, not an issuer listing service, and should not be confused with The NASDAQ Stock MarketSM. OTCBB securities are traded by a community of Market Makers that enter quotes and trade reports through a highly sophisticated, closed computer network, which can be accessed through the NASDAQ Workstation. The OTCBB is unlike The NASDAQ Stock Market in that it:
does not impose listing standards;
does not provide automated trade executions;
does not maintain relationships with quoted issuers; and
does not have the same obligations for Market Makers.
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