Why is OTC market wrote on ”place of execution”?

Why does an “OTC stock exchange” appear in the contract note at the place of execution of the sale or purchase orders of shares and why not the stock exchange where the share is traded, ex NYSE? I dont buy any stock on OTC market.

Usually means it’s being traded within the 212 framework. I.e I sold and you bought both on 212.

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Yep if it’s settled off book then it’ll show as OTC as opposed to TOTV (Traded on Trading venue)