In finance, curb trading is the trading of
securities outside the mainstream
stock exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...
, either because the company operating the exchange has very strict listing requirements (cf: alternative stock exchange) or because investors are so interested to continue trading even after the official business hours that they set up alternative avenues for their trading, sometimes even the
curbs outside the main stock exchange, which is the origin of the phrase.
See also
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Curbstone broker
The phrase curbstone broker or curb-stone broker refers to a broker who conducts trading on the literal curbs of a financial district. Such brokers were prevalent in the 1800s and early 1900s, and the most famous curb market existed on Broad Stre ...
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New York Curb Exchange
NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known ...
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American Stock Exchange (Amex or AMEX)
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Chicago Curb Exchange
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Pink Sheets
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Over-the-counter (finance)
Over-the-counter (OTC) or off-exchange trading or pink sheet trading is done directly between two parties, without the supervision of an exchange (organized market), exchange. It is contrasted with exchange trading, which occurs via exchanges. ...
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American depository receipt
An American depositary receipt (ADR, and sometimes spelled ''depository'') is a negotiable security that represents securities of a foreign company and allows that company's shares to trade in the U.S. financial markets.
Shares of many non-U.S ...
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Dark pool
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Financial markets