Buying OTC (over the counter) stocks is unlike buying stock from companies traded on the NYSE (New York Stock Exchange) or the NASDAQ (National Association of Securities Dealers Automated Quotations). The difference is that most OTC securities have either been de-listed or never made the cut to begin with. As a result, OTC stocks are traded on Pink Sheets or the OTCCB … [Read more...]
NASDAQ Stock Market
The NASDAQ Stock Market, known as NASDAQ, is an American stock exchange. The full form is National Association of Securities and Dealers Automated Quotation.It is the largest electronic screen-based equity securities trading market in the United States. With approximately 3,700 companies and corporations, it has more trading volume per hour than any other stock exchange in the … [Read more...]
How does Stock Market functions?
The expression ’stock market’ refers to the market that enables the trading of company stocks (collective shares), other securities, and derivatives. Bonds are still traditionally traded in an informal, over-the-counter market known as the bond market . Commodities are traded in commodities markets, and derivatives are traded in a variety of markets (but, like bonds, mostly … [Read more...]
Dow industrials surging to a 13-month high
As per the stocks rallied Monday, with the , as investor optimism gained momentum. The Dow Jones industrial average (INDU) soared 204 points, or 2%, to close at 10,226.94 --marked as the highest level since Oct. 3, 2008. Financial and commodity-related shares led the advance.The gains were broad-based, with all but 1 of the 30 components in the blue-chip index closing … [Read more...]