turg, mis ei allu otsesele riiklikule reguleerimisele; börsi juures toimiv väärtpaberiturg, mis on mõeldud uutele ettevõtetele, kes veel ei vasta börsi tingimustele
börsiväline vabavahetusturg, s.h. ka rahaturg, millel müüakse enamik korporatsioonide obligatsioone, mis ei pääse börsile
reguleerimata väärtpaberiturg
mitteametlik börs, kus müüakse ja ostetakse väärtpabereid ilma ametlike börsimaaklerite vahenduseta. Nurgabörsil käibivad väärtpaberid, mida ametlikule börsile ei lasta.
the market on which securities not listed on any registered stock exchange may be bought and sold
a market which has no restrictions placed on it, either by the government or by the company
Tuletisinstrumendid on sellised finantsinstrumendid, mille väärtus sõltub ühe või mitme lepingu aluseks oleva alusvara väärtusest. Tuletisinstrumendid jagunevad börsil ja vabaturul kaubeldavateks instrumentideks.
Trading for own account or for the account of customers, whether on an exchange, in an over-the-counter market or otherwise, the following:
(a) money market instruments (cheques, bills, certificates of deposits, etc.);
(b) foreign exchange;
(c) derivative products including, but not limited to, futures and options;
(d) exchange rates and interest rate instruments, including products such as swaps, forward rate agreements, etc.
(e) transferable securities;
(f) other negotiable instruments and financial assets, including bullion.
Hea teada
The market for securities not quoted on the major exchanges, often those of small-and medium-sized companies. Unlisted securities market is the British term, since 1980, for the market in stocks of smaller companies; over-the-counter market is the term used in the U.S. (the system is operated under the National Association of Securities Dealers Automated Quotation (NASDAQ) system) and Japan (the OTC Market Automated Quotation System is used); third market is the U.S. term used to describe the over-the-counter market in exchange-listed securities; marché des valeurs mobili?res non inscrites ? la cote officielle is the official name and second marché the common term used in France for the unlisted securities market for small-and medium-sized companies, since 1983, while marché hors cote is the name used for the general over-the-counter market for all companies