Listen to a Business English Dialogue About Yellow sheets
Aria: Hi Penelope, have you ever heard of yellow sheets?
Penelope: Hello, Aria! Yes, yellow sheets are publications that provide information on unlisted securities and are commonly used by brokers and dealers.
Aria: That’s right, Penelope. Yellow sheets contain data such as bid and ask prices, volume, and other relevant information for over-the-counter (OTC) securities.
Penelope: Exactly, Aria. They serve as a valuable resource for investors and market participants looking to trade OTC securities.
Aria: Indeed, Penelope. Yellow sheets are published by the National Quotation Bureau and are widely used in the OTC market.
Penelope: Yes, Aria. They provide transparency and help facilitate trading in OTC securities by providing essential pricing and trading information.
Aria: Absolutely, Penelope. Investors can use yellow sheets to make informed decisions about buying or selling OTC securities.
Penelope: That’s correct, Aria. Yellow sheets are an important tool for market participants to access pricing information and liquidity in the OTC market.
Aria: Agreed, Penelope. They help promote efficiency and transparency in OTC trading, which is essential for a well-functioning market.
Penelope: Yes, Aria. Yellow sheets play a crucial role in providing market participants with the information they need to make informed investment decisions.
Aria: Absolutely, Penelope. Overall, yellow sheets are a valuable resource for investors and dealers alike in the OTC market.