börsiväliseid

Börsivälised refers to transactions that occur outside of a regulated stock exchange. These are often referred to as over-the-counter (OTC) or off-exchange trades. While stock exchanges provide a centralized marketplace with standardized rules and transparency, börsivälised transactions involve direct negotiation between two parties. This can include instruments like derivatives, bonds, or even shares that are not listed on a public exchange.

The primary characteristic of börsivälised trading is its decentralized nature. Parties agree on the terms, including price, quantity, and settlement, directly with each other. This can offer greater flexibility and customization compared to exchange-traded products, as the specific needs of the counterparties can be accommodated. However, this lack of a central authority can also lead to reduced transparency and potential counterparty risk, as the creditworthiness of the other party becomes a significant consideration.

Börsivälised markets are particularly common for complex financial instruments or for large institutional investors who can manage the associated risks. Regulation in these markets varies significantly, with some being highly regulated and others operating with less oversight. The development of electronic trading platforms has also influenced börsivälised markets, allowing for more efficient execution of these types of trades.