OTC virtual currency trading system
generally speaking, there are not many kinds of cryptocurrencies that can be traded directly in legal currency. Most exchanges support the OTC trading of usdt, BTC and eth. For Xiao users, it is undoubtedly the best choice to exchange legal currency for usdt
celletf is a comprehensive application platform for defi (celletf. IO). Relying on the deployment of Ethereum public chain, including a number of smart contracts / protocols, passive quotation mechanism and ETF primary and secondary al market architecture, celletf can embrace the unlimited possibilities of defi with only one site.
There is no centralized trading place. Buyers and sellers are scattered all over the country. The business is mainly carried out through telephone and computer systems. The trading objects are mainly unlisted securities, and some listed securities are traded over the counter. There are more bond transactions, including all government bonds and some large corporate bonds, as well as some stocks, especially those of the financial instry and insurance companies
there are many forms of this transaction mode, and different content procts can be designed according to the different needs of each user. At the same time, in order to meet the specific requirements of customers, financial institutions selling derivatives need to have superb financial technology and risk management capabilities. Over the counter trading constantly proces financial innovation
however, since the clearing of each transaction is carried out by both sides of the transaction, the transaction participants are limited to customers with high credit. Swap transaction and forward transaction are representative derivatives of over-the-counter transaction
extended materials
in foreign countries, the participants in the OTC market are mainly securities dealers and investors. Securities firms participating in OTC trading include:
1. Member securities firms, that is, members of the stock exchange set up institutions to operate OTC trading business
Non member securities firms, or over-the-counter securities firms, are not members of the stock exchange, but have been approved to set up securities business institutions to deal in unlisted securities and bonds (3) securities underwriters are financial institutions that specialize in underwriting newly issued securities. In some countries, newly issued securities are mainly sold in the OTC market (4) securities dealers who are specialized in buying and selling government bonds, local government bonds and bonds of local public organizations, etc