The OTC Markets Group is the owner and operator of the most substantial U.S. inter-dealer electronic quotation and trading system for over-the-counter (OTC) securities. It provides marketplaces for trading 10,000 OTC securities, making it the third-largest U.S. equity trading forum. The OTC Markets Group breaks their financial markets down into three tiers, distinguishing companies based...
Tag: regulations
Pattern Day Trader – Day Trading Dictionary
PDT Rule: Is a rule enforced by the Securities and Exchange Commission (SEC) that is given to traders who make four or more day trades in their margin account over a five-day period. A day trade is when you buy and sell a security within the same trading day. PDT Rule Mechanics Once your...