OTC Markets Group Announces Official Launch of OTC Overnight, Expanding Global Market Access
NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM; “the Company”), the operator of regulated financial markets for over 12,000 U.S. and global securities, today announced the official launch of OTC Overnight. A select group of active securities are now available for trading Sunday through Thursday between 8 PM and 4 AM Eastern Time.
The Company first announced OTC Overnight in May, noting proposed market hours and the type of securities to be eligible at launch. This month’s launch comes at a time of increasing client demand for OTC Markets’ unique set of global securities priced in U.S. Dollars. OTC Overnight provides trading capabilities that will significantly expand market accessibility, transparency, and comprehensive data coverage for the OTC markets. By using existing infrastructure and connectivity, broker-dealer subscribers can efficiently add overnight trading capabilities to meet their customer demand.
With OTC Overnight trading and reporting functionality now live on OTC Link NQB, an SEC-regulated Alternative Trading System, a select group of active securities are now eligible for trading in overnight sessions by broker-dealer subscribers in U.S. dollars. This includes liquid ADRs of global companies such as adidas, Heineken and Roche Holding, as well as ordinary shares of well-known companies like Bombardier and Air Canada Inc. While the initial launch applies to a limited group of securities, the Company plans to expand the offering to additional securities over the near term.
The Company continues to take steps to establish itself as a global market that meets the needs of investors, broker-dealers, and issuers. OTC Overnight signifies an evolution of the Company’s service, launched at a critical moment as innovative broker-dealers seek to enhance the trading experience for investors in the U.S. and Asia.
Matt Fuchs, Executive Vice President of Market Data at OTC Markets Group, commented, “We are excited to bring this innovative offering to fruition. OTC Overnight will provide a transparent, competitive, and cost-effective market to support the growing needs of investors, broker-dealers, and issuers. It is an important step in furthering our company’s mission to create better informed and more efficient markets.”
To learn more about OTC Overnight, visit https://www.otcmarkets.com/otc-link/otc-overnight-trading or https://www.otcmarkets.com/market-data/otc-overnight.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
Media Inquiries:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
- 北京24小时汽车救援在线:为您随时保驾护航
- 资本市场业务合伙人韩维娜加入德汇香港办公室
- 周尊圣 | 西北山水研究——天山红
- 《知否》独播福利如约而至,优酷会员又双叒要搞龘事
- 行走的力量2023纪录片上线快手 陈坤坦言这是一次不在计划中的惊喜
- 学位有限|2024-2025学年加入烟台耀华
- 平安山西养老险:书记讲党课—纪律是党的生命线
- KXT5807电梯门锁机械/电气耐久寿命性试验机
- 齐一影视公司简介
- 东森自然美2024新品发布会,耀启“科技·美业·大健康”
- 亮相2024电动汽车百人会,比克电池林建洞见产业新质生产力新引擎
- 大理州举办甲辰端午诗书画笔会,书画名家齐聚共绘文化新篇章
- 携手话合作 共创新商机——2024中国混凝土博览会将召开
- AI时代的思想者与实践者:人工智能科学家刘志毅的知行合一之路
- instagram群发软件,ins协议号无限供应火力全开日发百万条
- Vision Pro有了,谁是空间计算时代的“安卓机皇”?
- 移远通信再推系列高性能卫星、5G、GNSS及三合一组合天线
- 北京香山樾:链接人与香山的记忆,艺文交织的隐奢诗话
- 张星瑶《重返1993》收官 不愧是2023年度现象级爆款女主!
- 森赫电梯荣膺2023电梯行业“用户优选值得信赖整梯品牌”
推荐
- 大家一起关注新疆乌什7.1级地震救援见闻 看到热气腾腾的抓饭马上就要出锅、村里大家 资讯
- 抖音直播“新红人”进攻本地生活领域 不难看出,抖音本地生活正借由直播向本地生活 资讯
- 透过数据看城乡居民医保“含金量” 缴费标准是否合理? 记者从国家医保局了解到,近期,全国大部分地区 资讯
- 新增供热能力3200万平方米 新疆最大热电联产项目开工 昨天(26日),新疆最大的热电联产项目—&md 资讯
- 一个“江浙沪人家的孩子已经不卷学习了”的新闻引发议论纷纷 星标★ 来源:桌子的生活观(ID:zzdshg) 没 资讯
- 看新东方创始人俞敏洪如何回应董宇辉新号分流的? (来源:中国证券报) 东方甄选净利润大幅下滑 资讯
- 中国减排方案比西方更有优势 如今,人为造成的全球变暖是每个人都关注的问 资讯
- 国足13次出战亚洲杯首次小组赛0进球 北京时间1月23日消息,2023亚洲杯小组 资讯
- 周星驰新片《少林女足》在台湾省举办海选,吸引了不少素人和足球爱好者前来参加 周星驰新片《少林女足》在台湾省举办海选,吸 资讯
- 中央气象台连发四则气象灾害预警 暴雪橙色预警+冰冻橙色预警+大雾黄色预警+ 资讯