The Intelligent Marketplace
OTCQX is the intelligent marketplace for the best OTC companies with the highest financial standards and superior information availability. Investor focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their investors a level of marketplace services formerly available only on a U.S. exchange.
Investors use the OTCQX to identify the segment of OTC-traded companies focused on valuation and transparency.
Who Should Join OTCQX
Many U.S. companies list on OTCQX as the final step toward a NASDAQ or NYSE listing. Others U.S. companies enjoy the efficient compliance-driven and cost-effective model it offers their investors outside of a traditional exchange listing.
OTCQX offers international companies that are listed on a qualified non U.S. stock exchange easy access to U.S. investors and the ability for a company to diversify their shareholder base. International companies are required to have a Level 1 Sponsored ADR program in the U.S. or a foreign ordinary that is DTC eligible (such as Canadian companies).
For companies moving off a U.S. exchange, OTCQX is the ideal home, providing most of the services the company and their investors have come to expect from a listed market.
All OTCQX companies appoint a qualified, third-party Principal American Liaison/PAL (OTCQX International) or Designated Advisor for Disclosure/DAD (OTCQX U.S.) sponsor to help them with the admission process, and be available as a trusted resource regarding all aspects of investor information needs and market protocols.
Why Investors Prefer OTCQX
OTCQX separates out the credible companies from the large number of economically distressed and questionable companies that trade OTC. OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards.
OTCQX is fully electronic and gives investors access through all major online and full-service brokerage firms in the U.S., including Schwab, E*TRADE, Scottrade, TD Ameritrade, and Fidelity. Trades are settled and cleared in the U.S. similar to any NASDAQ or NYSE stock and trade reports are disseminated through Yahoo, Bloomberg, Reuters, and most other financial data providers.
In addition, investors can view Real-Time Level 2 Quotes for all OTCQX companies for free on both otcmarkets and OTCQX providing access to detailed market data, including market depth.
Services to Issuers
OTCQX provides services to companies which enable them to communicate with and engage their investors, while providing them with transparent trading and easy access to company information. Streamlined disclosure requirements allow OTCQX International companies to make their home country financial reporting publicly available on OTC Markets Group's websites for easy access by U.S. investors.