What is the OTC market of securities companies?

It refers to the behavior of securities companies trading with specific counterparties outside the centralized trading place or providing services for investors trading outside the centralized trading place. Located in the private equity market, it mainly sells and transfers financial products of securities companies and sells financial products on a commission basis. It is a platform for securities companies to issue, transfer and trade private placement products. Counter market is an important part of multi-level capital market system in China. Through counter trading, securities companies can sell their own products, consignment products or combined products to customers; Securities companies can meet the liquidity needs of customers through over-the-counter transactions; Counter trading business can provide more non-standardized investment tools to meet investors' personalized asset allocation and wealth management needs.