Advanced English Dialogue for Business – Over the counter

Listen to a Business English Dialogue about Over the counter

Jeremy: Hey Melody, have you ever traded stocks over the counter?

Melody: Hi Jeremy, yes, I have. It’s when stocks are traded directly between parties rather than through a centralized exchange like the New York Stock Exchange.

Jeremy: That’s right. It can involve smaller companies or those that don’t meet the listing requirements of major exchanges. Have you found it more challenging to trade OTC stocks compared to those on major exchanges?

Melody: Sometimes it can be more challenging because there’s less public information available about OTC stocks, so it requires more research and due diligence.

Jeremy: Definitely. It’s important to thoroughly research any company before investing, especially when trading OTC. Have you had any particularly successful or challenging experiences with OTC trading?