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 trade stocks with limited public information and regulatory oversight.
Before trading, please ensure you have read and understand the Risk Disclosure Statement for OTC Securities.
Tradable OTC Underlying
TBHK only allows its clients to trade certain OTC securities, not all OTC securities.
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.
Minimum Trading Unit
Regular trading hours: between 9:30am and 16:00pm US Eastern Standard Time.
Orders may be placed beforehand but filled between 9:30am to 16:00pm (EST).
On half trading day, the trading hours will last from 9:30am to 14:00pm US Eastern Standard Time.
Available Order Types and Limitation
When trading OTC Securities, you could utilise multiple order types, including market order, limit order, stop-loss order, stop-limit order, trailing stop order, etc, 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.
Margin Trading and Short Selling
Financing is available with 100% margin.
Most OTC stocks are not available for short selling. To check whether an OTC stock is available for short selling, please refer to the stock info page of the Tiger Trade APP.