Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the OTC Precious Metals Market?

April 26, 2017market OTC precious metals

0

Posted

What is the OTC Precious Metals Market?

1 Answer

0

Posted

The OTC Precious Metals Market is a highly capitalized, decentralized market where trading occurs on a dealer-to-dealer basis and trades are settled directly between the principals. Each OTC precious metals transaction is a unique and non-fungible trade; each element is negotiated between the parties. Trades are settled by the exchange of precious metals for currency.