Terms used in official statistics

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Over-The-Counter Market (OTC)


Definition:

It is the Over-The-Counter Market (OTC) of securities, organized by BondSpot S.A. (MTS-CeTO S.A to September 19th, 2009), on which the exchange of stocks is mediated by brokerage houses, which can run activity on the account of customer or on the own account. Other subjects, banks can run activity only on the own account. Contracts on this market are accounted by The National Depository for Securities (KDPW) and subjected to the Settlement Guarantee Fund.



OTC - Bond Spot - as the regulated market provides the access of issuers to the wide range of investors: pension funds, investment funds, insurance companies, asset management companies, private investors.


Contact person on methodology:
GUS – Departament Studiów Makroekonomicznych i Finansów
e-mail:
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