over-the-telephone market

基本解釋

Derivatives can be traded on an investment exchange, or directly by telephone or computer in an over-the-counter (OTC) market.
金融衍生工具可以在證券交易所掛牌買賣，亦可通過(guò)場(chǎng)外交易（ OTC）的方式買賣。
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Buyers and sellers may be scattered over the whole world and instead of actually meeting together in a market-place they may deal with one another by telephone, telegram, cable or letter.
買方和賣方可能分散在世界各地，他們可以通過(guò)電話，電報(bào)，海底電報(bào)或信件彼此進(jìn)行交易，而不是真正在市場(chǎng)上碰頭。