Yellow Sheets

Welcome to our trading glossary, where we strive to help you understand the complex vocabulary of the trading world. Today, we will tackle the term Yellow Sheets. This term, while not as popular as others, is undoubtedly significant, especially for those interested in unlisted securities. Are you ready to learn more about Yellow Sheets? Let's dive in!

What are Yellow Sheets?

In the trading universe, Yellow Sheets refers to a daily publication by the National Quotation Bureau. For years, this daily release has been providing information about over-the-counter (OTC) securities, including those that are unlisted.

Yellow Sheets and Unlisted Securities

Unlisted securities are not listed on standard exchanges. These securities are often from smaller or less-known companies. The role of Yellow Sheets is to give traders and brokers daily updates about the bid and ask quotes for these unlisted securities. More than just a bulletin, the Yellow Sheets act as a bridge that connects traders around the world to potentially lucrative opportunities with unlisted securities.

Why are they called Yellow Sheets?

A common question is why they are termed as "Yellow." Well, the name Yellow Sheets originates from the color of the paper that these daily bulletins were printed on in their early days. However, these publications are now majorly digital, but the historical term has stuck around.

Are Yellow Sheets relevant today?

Even in our technologically-advanced era, the Yellow Sheets still hold tremendous relevance. They remain a primary source of information about unlisted securities for both brokers and traders. They provide key data that can enable these stakeholders to make informed decisions about potential trading actions.

In conclusion, the term Yellow Sheets is a continuation of an age-long tradition in the trading world that connects traders to valuable information about unlisted securities. Hoping to venture into OTC securities trading? Then understanding Yellow Sheets becomes crucial.