The stock market refers to all marketplaces - both public exchanges and private over-the-counter markets - where investors can buy and sell stocks. The New York Stock Exchange (NYSE) is the world's largest stock market and trades over 200 million stocks daily.
Large and small
Almost all listed stocks traded on U.S. public stock markets have market capitalizations of more than $10 million compared to about one-third of those trading on OTC markets like NASDAQ. Around six times more stock issues are traded on OTC markets in the U.S. compared to public exchanges. Prices on OTC stock markets are negotiated whereas those on exchanges are decided by auction.
- The OTC Market: NASDAQ. Cool Fire Technology.