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Technology Stocks : AUTOHOME, Inc
ATHM 23.10-1.5%Dec 3 3:59 PM EST
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To: Craig Rogers who wrote (4397)1/18/1999 2:37:00 PM
From: ahhaha  Read Replies (1) of 29970
 
It indicates "off-board" trades. There is no law that says trades must be done on an exchange. Two institutions can trade huge quantities on a price mutually acceptable. If an exchange is closed, the trade need not refer to a price that isn't available. Similarly, that means that you and your neighbor can engage in a transaction at any price, but you have to notify the registrar/transfer agent in order to have proper delivery. Without proper delivery the transaction is a sham, thus hasn't formally taken place, so property has not changed title.
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