It's not really 'over-the-counter'
Article Abstract:
Over-the-counter (OTC) securities markets originated in the U.S. in the 1920s, as a method for small business participants to gain financing with the aid of networked investment houses and banking institutions. Today, nine out of ten company securities traded in the U.S. are traded on the OTC markets, with the help of the National Association of Securities Dealers Automated Quotation System (NASDAQ). The NASDAQ securities comprise the third largest securities exchange in the world, behind the New York and Tokyo Stock Exchanges. OTC markets and regulations governing trading on these markets are discussed. Reasons why British small business enterprises use the OTC as a financing vehicle are detailed, as are procedures to follow when listing on OTC markets.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
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Go public: never mind the red tape
Article Abstract:
British businesses should look to the public sector to complement the financial assistance they receive from the private sector. The number of government-assisted schemes has grown considerably in England over the past several years, but many businesses are unaware of them or are confused by them. Government assistance has been especially plentiful for the development of new technology, especially in the microelectronic, software, and biotechnology industries. Government help is also available for the development of natural resources and service industries. Loan guarantees and regional incentives are available to service industries and small businesses.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
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Do you know what Europe can offer?
Article Abstract:
New sources of finance to British private industries include the European Investment Bank and the European Coal and Steel Community. A survey indicated that only 46 percent of the companies contacted used facilities provided by the European Community institutions. In deciding on their sources of financing, borrowers were influenced more by the speed of the transaction than the cost associated with such financing. The European Community's financing institutions need to simplify their financing procedures and accelerate loan granting practices.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
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