Glossary / O
OTC execution
Over-the-counter execution through an agreed counterparty arrangement rather than a public order-book interaction.
- Sheet
- 069
- Section
- Glossary
- Instrument
- Star chart
- Edition
- 12 · XI · 2026
Over-the-counter execution through an agreed counterparty arrangement rather than a public order-book interaction.
What the term does and does not tell you
Check the actual contract: principal or agency role, quote validity, amount, settlement instructions and fees. A bespoke quote does not remove counterparty, operational or permission checks.
Use it in the working file
Record the actual entity, asset, service and date alongside the term. A label alone is not an eligibility decision or a complete description of legal rights.
Sources & scope
Research snapshot: 12 November 2026. The dated rule, its scope and the legal entity matter. Open the primary source before acting.
- EUR-Lex: Regulation (EU) 2023/1114 — Markets in Crypto-AssetsEU legislation
- ESMA: MiCA implementation and the central registerRegulator register and guidance