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Word(s) in meaning: chat  "global warming"
Postal codes: USA: 81657, Canada: T5A 0A7

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What does OTCD stand for?

Over-the-Counter Derivative (financial contract)


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Samples in periodicals archive:
CDS are tradable, over-the-counter derivatives that function like a default insurance contract for debt.
The trade group represents hundreds of banks and other companies from around the world that participate in the over-the-counter derivatives market — including Bank of America Corp.
A little more than a decade ago, Born foresaw a financial cataclysm, accurately predicting that exotic investments known as over-the-counter derivatives could play a crucial role in a crisis much like the one now convulsing America.
Over-the-counter derivatives are traded away from futures exchanges.
The Trade Information Warehouse is a service offering of DTCC Deriv/SERV LLC, a wholly-owned subsidiary of DTCC, and is the market's first and only central registry and automated trade database supporting the post-trade processing of over-the-counter derivatives contracts over their lifecycles, from confirmation through to final settlement.
But as lawmakers craft an overhaul of the nation's financial rule system and consider the Obama administration's sweeping proposal, the two agencies are in accord on sharing regulation of the so-called over-the-counter derivatives market.
About DTCC DTCC, through its subsidiaries, provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives.
The value of over-the-counter derivatives hinges on an underlying investment or commodity — such as currency rates, oil futures or interest rates.

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