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Economy => Trading Discussion => Topic started by: Jcga on January 22, 2019, 03:08:42 AM



Title: Wondering about the % of Otc vs. Global day trades
Post by: Jcga on January 22, 2019, 03:08:42 AM
Hi Everyone,
I would like to have more info about Otc trades.
Is there a way to see what % of Otc vs. Global day trades.
Any Otc price charts.
All I can find so far is Otc brokers websites. Thank you in adance.


Title: Re: Wondering about the % of Otc vs. Global day trades
Post by: pooya87 on January 22, 2019, 03:56:27 AM
Otc trades.

you mean O.T.C. trades? as in Over the Counter?
then the answer is no there isn't any OTC price charts or brokers or any kind of stats because it is "over the counter".
here you can read more details about it in general: https://www.investopedia.com/terms/o/otc.asp

in our case OTC trades are usually referred to trades that occur anywhere but exchanges, which then usually translates into p2p exchange which leaves no trace so there is no "charts" to see.


Title: Re: Wondering about the % of Otc vs. Global day trades
Post by: mk4 on January 22, 2019, 05:35:01 AM
Pretty impossible to know I think, as I'm pretty sure most if not all OTC trades are done in private by both parties. Pretty much the only way to know that an OTC transaction took place, is if one of both parties simply publicly announces the transaction, which is really really unlikely as they wouldn't have an incentive to announce it in the first place.


Title: Re: Wondering about the % of Otc vs. Global day trades
Post by: joniboini on January 22, 2019, 06:44:12 AM
Can't find any detailed info either, but some reports claimed that the volume of OTC trade (Bitcoin) is at least 2-3 times of major exchanges[1]. I think it doesn't matter how much volume OTC has, the market will balance itself if there's a huge difference between OTC and regular exchange price.

[1] https://finance.yahoo.com/news/otc-much-larger-bitcoin-exchange-212305761.html


Title: Re: Wondering about the % of Otc vs. Global day trades
Post by: kelz1 on January 22, 2019, 07:12:25 AM
It would be useful to see those otc stats and factor them in to the global average but unless they tick boxes to allow those trades to be public they will remain behind closed doors