What is the difference between the primary market and over-the-counter ?

Comparisons are made between the primary market and the secondary market on one hand and between the organized market and the OTC (over-the-counter market) on the other. The primary market is where shares are sold for the first time, thus the seller is the issuer itself and the buyer is either an individual or a legal person (company), while securities ownership is traded in the secondary market or the stock exchange where the seller is the current holder of the security and the buyer is a person wishing to purchase it. The Damascus Securities Exchange which is the secondary market in Syria is divided into an organized market and an OTC. The companies listed in the organized market have better indicators than those in the OTC. Companies in the organized market differ by their larger capital and bigger number of shareholders as well as the conditions they meet in accordance with the Listing Regulations issued by the DSE.

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