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ATM Use OpenOffice OF TECHNOLOGY MANAGEMENT222 Maple Avenue, Higgins BuildingShrewsbury, MA 01545 Tel: 5088561626 Fax: 5088561482Invention Disclosure# USMC Received Accepted Case Manager Faculty Advisory
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OTM use only stands for Over-The-Counter Market use only. It is a designation for securities that are traded in the over-the-counter market and not on a formal exchange.
Brokers, dealers, and market makers who are involved in the trading of OTM securities are required to file the otm use only designation.
To fill out otm use only, the party must indicate on the security that it is for over-the-counter market use only and provide any necessary documentation.
The purpose of otm use only is to distinguish securities that are traded in the over-the-counter market from those that are traded on formal exchanges.
The otm use only designation requires reporting the security's trading information, price, and any relevant details for over-the-counter market trading.
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