unlisted security definition

unlisted security

Ordinary shares (common stock) or other securities of a firm not listed (traded) on any official exchange. In the US, unlisted securities are traded in over the counter market, in the UK they are traded on the Alternative Investment Market. Such securities are issued usually by smaller or new firms who cannot or do not wish to comply with the listing requirements of an official exchange.

unlisted security is in the Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.

unlisted security appears in the definitions of the following terms: over the counter (OTC) market and listed security

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