Business and Personal Finance Dictionary

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• OTC BULLETIN BOARD (OTCBB)
  
  During the trading day, the electronic OTC bulletin board (OTCBB) provides continuously updated real-time bid and ask prices, volume information, and last-sale prices for US and overseas stocks, warrants, unit investment trusts, American Depositary Receipts (ADRs), and Direct Participation Programs (DPPs) that are not listed on an organized market but are being traded over the counter (OTC). Approximately 3,600 companies, which must reported their financial information to the Securities and Exchange Commission (SEC) or appropriate regulatory agency to have their securities qualify for inclusion, are tracked on the OTCBB.
  
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