Trading of penny stocks
Share markets:
The major stock exchanges include the NYSE, NASDAQ, OTCBB and pink sheets. Penny stocks are generally traded at OTCBB and pink sheets, however as per the guidelines of SEC penny stocks can be traded in all the exchanges.
There are various minimum requirements for listing of shares by the companies at NYSE and NASDAQ. There is only one requirement for trading of penny stocks at OTCBB and that is the company should remain current in SEC filing. There is no place for a penny stock quotation if the stock does not meet the minimum standards set by different stock exchanges or OTCBB. Sometimes the penny stocks already being quoted at OTCBB, do not meet the SEC requirement will be allowed a certain period for completing the formalities and if the companies do not fulfill the required condition even after a 30 or 60 period of grace time, the penny stocks will be removed from their listing.
Pink sheets play a major role in over the counter trading. National Quotation Bureau or NQB provides this service. In actual the NQB prints the details of share prices and other information on pink sheets, as it is difficult to obtain the prices of these shares otherwise. Most of the time brokers get the price and other information on penny stocks from market makers and provide it to the customers. In today’s Internet era, you can find the details of penny stocks just a click away at the website of pink sheet. A company has to meet the minimum requirement of pink sheet for listing and quoting of the share at pink sheets.
Companies prefer to list the shares at NYSE, as it is highly preferred stock exchange. The next preference is given to NASDAQ and then comes the NASDAQSC. NASDAQ in recent past has become more popular and companies who have listed their shares at NYSE are also interested to list the shares in NASDAQ. The last preferences are OTCBB and Pink Sheets.
Summary: Various stock exchanges have laid down the minimum requirement for listing of the shares at the stocks exchanges. Pink sheet has the minimum requirement for listing of shares. However in this age of Internet the share information can be gathered at the website of pink sheets.
Comments
Menu
My Articles
Penny Stocks: Are They Right For You?Penny Stocks: How Do You Trade In Penny Stocks?
Learning The Basics Of Penny Stocks
Penny Stocks Getting Started
Penny Stocks Market
Penny Stock Returns
Investing In Penny Stocks
Penny Stocks: Are Penny Stocks Dangerous?
Penny Stocks Risks
Penny Stocks: Are Penny Stocks Too Risky?
Penny Stock Picks
Penny Stocks: Is It A Good Idea To Invest?
How You Can Make (or Lose) Money On Penny Stocks
Penny Stocks And Investments
Penny Stocks: Aren’t All Penny Stocks A Scam?
Penny Stocks: Learning More About Penny Stocks
Trading Of Penny Stocks
Fraudulent Activities In Penny Stocks
Penny Stocks: From Little Pennies To Big Dollars?
Penny Stocks: What Are Penny Stocks?
Rules On Penny Stocks
Penny Stocks: Are Penny Stocks Legal?
What Are Penny Stocks?
Risks In Penny Stock Investments
Related Sites | My Articles Penny Stocks: How Do You Trade In Penny Stocks? Many beginning investors hear that penny stocks are a good way to.. Penny Stocks: What Are Penny Stocks? If you’d like to get started in the stock market, many.. Penny Stocks Getting Started Introduction to Penny stocks: Penny stocks are low priced.. Penny Stocks: From Little Pennies To Big Dollars? There’s a lot of hype out there about penny stocks. Internet spam and.. |
|
|
Related News:
|