OTC Markets 1. OTC contract products traded are established in advance by the exchange, with no room for modification. The contracts specify Exchange rules typically permit bidirectional trading, or the ability to buy or sell with equal ease. , and or 2. Exchanges are multilateral; buyers' needs may be met by a number of sellers, but the buyers and sellers do not with each other 3. Margin is the ability to trade without having to pay cash for the full value of the trade. Someone who trades on margin the money used to buy or sell from the exchange or brokerage house. 4. OTC Exchanges for gas and electricity are commodity exchanges, such as the New York Mercantile Exchange (Nymex). Nymex handles physical and financial natural gas product as well as financial power contracts. What's missing on the power contracts? OTC Markets 1. OTC contract products traded are established in advance by the exchange, with no room for modification. The contracts specify Exchange rules typically permit bidirectional trading, or the ability to buy or sell with equal ease. , and or 2. Exchanges are multilateral; buyers' needs may be met by a number of sellers, but the buyers and sellers do not with each other 3. Margin is the ability to trade without having to pay cash for the full value of the trade. Someone who trades on margin the money used to buy or sell from the exchange or brokerage house. 4. OTC Exchanges for gas and electricity are commodity exchanges, such as the New York Mercantile Exchange (Nymex). Nymex handles physical and financial natural gas product as well as financial power contracts. What's missing on the power contracts