Over-the-Counter Exchange of India (OTCEI)

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Definition of 'Over-the-Counter Exchange of India (OTCEI)'

The Over-the-Counter Exchange of India (OTCEI) is a stock exchange in India that was established in 1992. It is the first and only stock exchange in India that is exclusively for trading in unlisted securities. The OTCEI is a self-regulatory organization (SRO) that is regulated by the Securities and Exchange Board of India (SEBI).

The OTCEI offers a platform for investors to trade in unlisted securities that are not available on other stock exchanges. This can be a valuable option for investors who want to invest in small companies or companies that are not yet listed on a stock exchange. The OTCEI also offers a variety of trading services, including margin trading and short selling.

The OTCEI is a relatively small stock exchange, but it has seen significant growth in recent years. In 2017, the OTCEI's market capitalization was Rs. 1.5 trillion. The OTCEI is also the only stock exchange in India that is open for trading 24 hours a day, 7 days a week.

The OTCEI is a valuable resource for investors who want to trade in unlisted securities. It offers a variety of trading services and is open for trading 24 hours a day, 7 days a week. The OTCEI is also the only stock exchange in India that is regulated by the Securities and Exchange Board of India (SEBI).

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