Differences between exchanges and over-the-counter transactions
- 9월 13, 2017
- by
Differences between exchanges and
over-the-counter transactions
Exchange (Exchange)
It is established on the basis of the law like the Korea Exchange and has publicity accordingly.
Commodities traded are standardized and standardized by certain standards and formats, so that everyone can trade on the same terms and charge a commission.
Commodities traded on the exchange are called Exchange Listed Instruments.
It is based on the notion of a nonprofit organization as a public institution like the Korea Exchange.
OTC (Over The Counter)
It is a collective term for all transactions traded outside the above-mentioned exchange.
Unlike exchanges, transactions are basically based on transactions between two parties who want to trade, and they are freer than exchanges because traders can set up conditions freely without being informal, institutionalized or standardized / standardized.
Products that are traded outside the shop are called
OTC Instruments.
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