1. U.S. OTC Securities Introduction
OTC stands for Over-the-Counter, which refers to trading that takes place outside an exchange.
OTC Securities trading generally involves a high degree of risk and it may not be suitable for all investors. It is generally for high risk-tolerance investors to trades stocks with limited public information and regulatory oversight.
You should consider the suitability of trading OTC Securities based on your financial position, investment objectives and needs, and you may want to seek professional advice before making an investment decision on OTC securities trading.
Before trading, please ensure you have read and understand the Risk Disclosure Statement for OTC Securities.
2. Tradable OTC Underlying
TBAU only allows its clients to trade certain OTC securities, not all OTC securities.
Please click [here] to learn more about the supported OTC transactions
Note: The product offering may change from time to time without prior notice. Please refer to the Tiger Trade platform for the latest product offerings.
3. Minimum Trading Unit
1 Share
4. Brokerage
Please refer to US. Stocks & ETF brokerage for pricing details.
5. Trading Hours
Regular trading hours: between 9:30am and 16:00pm US Eastern Standard Time
Pre-market and extended trading are not available.
On half trading day, the trading hours will last from 9:30am to 14:00pm US Eastern Standard Time.
6. Available Order Types and Limitation
You should note that due to volatile nature of OTC Securities, currently you may only place limit price orders and stop-loss limit orders when trading OTC Securities, and the available order types may be updated from time to time without prior notice to you. You must understand that your order may be delayed due to large order volume.