Any OTC limits I should know about?
Earlier today I was planning out a larger purchase and suddenly realized I have no idea whether OTC desks have limits I should know about before even starting the conversation. On exchanges it’s pretty clear — you see deposit caps, withdrawal limits, all that stuff in the settings. But OTC feels more individual, so I’m not sure if they also have minimums, maximums, or some hidden thresholds that only come up when you’re already halfway through the deal. Has anyone run into limits that would’ve been good to know in advance?
It’s interesting how flexible the whole system can be compared to exchanges where everything is automated and fixed. Some traders say the dynamic nature of OTC makes it easier to negotiate when the timing is right, although it also means you pay more attention to how each team operates.