Definition: [crh] Used for listed equity securities. Transacted away from a national securities exchange even though the stock iDefinition: tself is listed, such as on the NYSE, and instead of on the OTC market, a regional exchangeDefinition: A>, or in the third or fourth markets (between customers directly). After 9:30 a.m., if the stock has not opened due to the exchange's discrDefinition: etion, trading can occur elsewhere, but the trader must assume the role of a quasi-specialist in the process.

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