OTC exchange refers to the activity that unlisted or unlisted securities are traded in the OTC market instead of the exchange. Instead, it is traded privately at a price higher or lower than that stipulated by the supply and marketing association or with other conditions (such as matching inferior goods and bartering things). Also called "over-the-counter trading" or "over-the-counter trading". A securities company refers to a limited liability company or a securities company limited by shares established in accordance with the provisions of the Company Law and the Securities Law, and approved by the the State Council Securities Regulatory Authority, which specializes in securities business. It is a legal person enterprise specializing in securities trading. Divided into securities management companies and securities registration companies. Great Wall Securities Logo
In a narrow sense, a securities company refers to a securities business company, which is an institution that specializes in securities business after being approved by the competent authority and obtaining a business license from the relevant administrative department for industry and commerce. Having the membership of a stock exchange, you can underwrite the issuance, self-management or agent trading of securities. Ordinary investors must invest in securities through securities companies.