Over-the-counter

Over-the-counter (OTC) is a security privately negotiated and traded in some context other than on a formal exchange. According to Article 6.501 Reports of transactions in OTC Options (former article 6654), for all transactions executed in over-the-counter options, Approved Participants are required to report as of the close of business on the fifteenth and last days of each month or, when either of these days is not a trading day, on the preceding trading day, the total puts and calls written and issued or guaranteed during the period which has ended. This report must be transmitted to the Bourse within two (2) business days following the above-mentioned dates and this in the form prescribed by the Bourse.

OTC form prescribed by the Bourse: OTC Options - Operations and Positions Report