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Alternatively, our would-be remitter could use the Bitcoin OTC (over-the-counter) exchange and arrange a person-to-person sale based on reputation history.
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Self-treating with over-the-counter (OTC) meds like Excedrin Migraine or Advil may do the trick for infrequent or not-too-severe pain but for others, it can actually make it worse, says Dr. Emily Rubenstein Engel, MD.
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Although not an extraordinarily large company by many metrics, Bear Stearns was deeply involved in a number of critical markets, including (as I have noted) markets for short-term secured funding as well as those for over-the-counter (OTC) derivatives.
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Exchanges such as CME Group, Nasdaq OMX and NYSE Euronext are lined up to get a piece of the over-the-counter (OTC) derivatives market as new regulations will require derivatives trading to go through exchanges and be cleared through clearing houses.
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The CFTC temporarily provides a broad exemption for over-the-counter (OTC) derivatives trading so the market can continue to operate as usual until regulators complete the new rules.
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Stocks in the Over-The-Counter market are quoted on systems like the OTC Bulletin Board, an electronic quotation system, and the Pink Sheets, which is not registered as a stock exchange and is named for the color of paper on which its listings of price quotes for companies have historically been printed.
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Now their ADRs trade over-the-counter at OTC Markets, where they are exempt from the law.
FORBES: These Stocks Sidestep Sarbanes-Oxley Idiocies