What is another word for over-the-counter market?
Pronunciation: [ˌə͡ʊvəðəkˈa͡ʊntə mˈɑːkɪt] (IPA) 
The over-the-counter market is also commonly known as the OTC market or the off-exchange market. This market involves the trading of financial instruments or other assets directly between two parties, without the supervision of a formal exchange. Besides the OTC market, some other synonyms for this term include the unlisted market, the informal market, the dealer market, and the secondary market. These synonyms, however, may have slight differences in terms of the types of assets traded or their level of regulation. Nevertheless, all are closely related to the OTC market, which provides more flexibility and less transparency in trading, compared to the organized exchanges.
