On the curb
Encyclopedia
On the curb is a financial term that describes the act of trading securities outside the mainstream stock exchange
, either because the company operating the exchange has very strict listing requirements (cf: alternative stock exchange) or because investors are so interested to continue trading even after the official business hours that they set up alternative avenues for their trading, sometimes even the curb
s outside the main stock exchange, which is the origin of the phrase.
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
, either because the company operating the exchange has very strict listing requirements (cf: alternative stock exchange) or because investors are so interested to continue trading even after the official business hours that they set up alternative avenues for their trading, sometimes even the curb
Curb
Curb may refer to:* Curb , or kerb, the edge where a raised pavement/sidewalk/footpath, road median, or road shoulder meets an unraised street or other roadway.* Curb Records, a record label started by Mike Curb in 1973....
s outside the main stock exchange, which is the origin of the phrase.
See also
- New York Curb Exchange
- American Stock ExchangeAmerican Stock ExchangeNYSE Amex Equities, formerly known as the American Stock Exchange is an American stock exchange situated in New York. AMEX was a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. On January 17, 2008, NYSE Euronext announced it would acquire the...
(Amex or AMEX) - Pink SheetsPink SheetsOTC Markets Group, Inc., informally known as "Pink Sheets", is a private company that provides services to the U.S. over-the-counter securities market including electronic quotations, trading, messaging, and information platforms. According to the U.S. Securities and Exchange Commission, OTC...
- Over-the-counter (finance)Over-the-counter (finance)Within the derivatives markets, many products are traded through exchanges. An exchange has the benefit of facilitating liquidity and also mitigates all credit risk concerning the default of a member of the exchange. Products traded on the exchange must be well standardised to transparent trading....