Is the OTC market an auction market?

Related questions

1. Are OTC stocks regulated by SEC?
2. What happens when OTC stock moves to NYSE?
3. Are OTC markets safe?
4. Is the OTC market open Monday?
5. Does Fidelity offer free trades?
6. Is Nasdaq OTC market?
7. Can you make money with penny stocks?
8. Should I invest in OTC stocks?
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10. Do OTC stocks trade pre market?

Tags

1. #process
2. #involved
3. #auction
4. #differs
5. #counter
6. #between
7. #sellers
8. #occur
9. #direct
10. #there
11. #individual
12. #example
13. #while
14. #negotiations
15. #market
16. #trades
17. #buyers