OTC Desk definition
OTC Desk a business dedicated to buying and selling a particular asset class;
Examples of OTC Desk in a sentence
Senwes will, however, only perform the transfer of shares if the terms and conditions of this Agreement have been complied with including, but not limited to, the submission of all the required documents to the OTC Desk, the payment of the purchase price by the purchaser, the payment of the required fees and securities transfer tax ("STT") to Senwes.
Senwes, through its OTC Administration Desk ("OTC Desk"), will facilitate the identification of willing purchasers and sellers and the transfer of shares in terms of transactions negotiated and concluded between purchasers and sellers.