Börsivälised

Börsivälised is a Finnish term that translates to "off-exchange" or "over-the-counter" (OTC) in English. It refers to the trading of financial instruments, such as stocks, bonds, or derivatives, that occurs directly between two parties rather than on a regulated stock exchange like the Nasdaq Helsinki.

In the börsivälised market, transactions are negotiated privately. This can involve direct deals between investors, through brokers, or via specialized trading platforms. Unlike exchange-traded securities, which have standardized rules and transparent pricing, börsivälised trading often allows for greater customization of contract terms.

This type of trading is common for certain types of financial products, including complex derivatives, private placements of securities, and certain types of debt instruments. One of the key characteristics of börsivälised is that information about trades and pricing may not be as readily available to the public as it is for exchange-traded securities. This can lead to less transparency compared to regulated exchanges.

While börsivälised trading offers flexibility and the ability to tailor deals, it also carries higher counterparty risk, as the transaction is dependent on the other party fulfilling their obligations. Regulatory oversight in börsivälised markets can vary, and it is generally considered a more complex and potentially riskier area of financial trading.