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2 mins read

Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high

The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…

ANI   


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4 mins read

India the third biggest gold buyer in May, after Switzerland and China: WGC

According to the World Gold Council's latest commentary, the month saw a resurgence in inflows, pri…

ANI   


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2 mins read

SEC rule meant to protect retail investors from pump-and-dump schemes ended up giving an edge to professionals

The SEC rule prevents brokers from providing price quotations on over-the-counter stocks that don't…

Matthew Fox   


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2 mins read

Over-the-counter trading volume has hit a record $548 billion, soaring past 2020 totals as retail investors pour into the market

The SEC's move to clean up penny stocks will even the playing field in a segment "ripe for fraud," …

Ethan Wu   


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6 mins read

What is OTC? A beginner's guide to over-the-counter markets

Over-the-counter (OTC) trading allows two parties to trade via a dealer-broker, with lower transact…

Jim Probasco   


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1 min read

The owner of the $100 million New Jersey deli flagged by David Einhorn as a symbol of market excess has been delisted for not complying with rules

Hometown International was delisted from the OTCQB exchange "for not complying with the rules and m…

Matthew Fox   


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1 min read

Novo Integrated Sciences soars 878% as it moves from over-the-counter trading to Nasdaq Capital Market

Novo Integrated Sciences stock soared Wednesday following its move to the Nasdaq Capital Market.

Carla Mozée   


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6 mins read

Penny stocks are cheap and often see massive gains, but they're also very risky. Here's what you should know before investing.

Penny stocks are securities priced under $5 per share. They're lucrative but high-risk: volatile, i…

Ramsay Lewis   


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5 mins read

Hearing aids cost an average of $5000. Biden's plan to make them affordable doesn't go far enough.

Unless Biden mandates that insurance companies cover the cost of hearing aids, those who are hearin…

Erin Marsh   


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3 mins read

Mankind Pharma onboards Anil Kapoor and Ranveer Singh as brand ambassadors to focus more on OTC range of products

The TVC campaign showcases Anil Kapoor and Ranveer Singh working in an office with back-to-back wor…

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2 mins read

Goldman Sachs trade with Galaxy Digital marks first over-the-counter crypto transaction by a major US bank, report says

Goldman is taking on greater risk by acting as a principal in the transactions with Galaxy Digital,…

Carla Mozée   


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1 min read

Evergrande stock has soared 35% in the past week as the embattled property developer sells assets to pay its debts

Evergrande plans to raise $1.5 billion by selling its stake in a Chinese bank to a state-owned ente…

Matthew Fox   


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6 mins read

What is Forex? Understanding the market for exchanging foreign currencies

Forex stands for "foreign exchange" and involves trading one currency for another.

Charles Bovaird   


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1 min read

OTC Markets Halted Due To A 'Connectivity Issue'

The breakdown on the lightly regulated market for stocks of companies too small, sparsely traded or…

Steven Perlberg   


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2 mins read

Hertz has emerged from bankruptcy. The original meme stock has surged more than 2,000% leading up to its exit from Chapter 11.

Hertz investors received more than $1 billion in value from the bankruptcy exit, in the form of $23…

Matthew Fox   


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2 mins read

'A self-parody of a SPAC': The mysterious $100 million New Jersey deli is actually an investment vehicle backed by a firm in Hong Kong

"It works like a mini-SPAC. When you execute the merger, the name changes, the ticker changes, the …

Matthew Fox   


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6 mins read

What is a stock exchange? Understanding the marketplace where shares are bought and sold

A stock exchange is a centralized location where shares of publicly traded companies are bought and…

Amena Saad   


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1 min read

CME wants to lure retail traders to the bond market by offering a simplified futures contract that tracks yields

The Micro Treasury Yield futures will rise when Treasury yields increase and fall when they decline…

Emily Graffeo   


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1 min read

The SEC suspends trading in 15 stocks because of suspicious activity and social-media chatter

The agency under federal law can suspend trading in a stock for 10 days and can prohibit a broker-d…

Isabelle Lee   


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2 mins read

Penny-stock trading volume has exploded by 2,000% amid the growing influence of retail traders

There were 1.9 trillion transactions on the over-the-counter markets in February, which is where mo…

Matthew Fox