OTC Association

The OTC Association is an organization that represents companies involved in the over-the-counter (OTC) market, where financial instruments like stocks, drugs, or products are traded directly between parties rather than on formal exchanges. For example, in finance, OTC trading involves deals outside major stock exchanges, often among smaller or private entities. The association's role is to promote best practices, provide industry standards, and support its members in navigating regulatory and market challenges. It serves as a collective voice to encourage transparency, efficiency, and trust within the OTC marketplace.