NEW YORK, July 18, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM) today announced it is providing delayed Level 1 quotes to YCharts, a web-based financial analytics company whose tools are used by leading investment, management consulting and insurance companies as well as corporate sales teams. YCharts' clients will now have access to 15-minute delayed best bid/best offer pricing information and size data on 10,000 OTCQX®, OTCQB® and OTC Pink® securities.
"We are pleased to be providing our delayed Level 1 data to YCharts, one of the fastest-growing, most innovative financial market data providers," said Matthew Fuchs, Managing Director of Market Data & Strategy at OTC Markets Group. "The OTCQX, OTCQB and OTC Pink marketplaces provide a universe of attractive investment opportunities for investors ranging from 1,400 ADRs of global companies like Roche and Adidas to 600 community banks to thousands of smaller and growth companies. Our partnership with YCharts will allow us to deliver data on these securities to more investors."
"The addition of OTC Markets Group's Level 1 data to our platform will provide our clients with timely data on 10,000 securities, expanding the availability of data for investors and researchers," said Shawn Carpenter, CEO and Co-Founder of YCharts. "As we approach 1 million monthly users, our mission is to collect all global financial data, across all asset classes, and make it available via the Web. OTC Markets Group's equity market data is key to achieving that goal."
OTC Markets Level 1+ (OTCQX, OTCQB, OTC Pink, OTC Bonds) License provides real-time best bid/best offer quote prices and size data on OTCQX, OTCQB and OTC Pink equities, OTC Bonds and other securities on OTC Link® ATS, OTC Market Group's SEC registered Alternative Trading System, as well as real-time trade data from negotiated transactions and information on individual securities.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace with Qualified Companies; OTCQB®, The Venture Stage Marketplace with U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with Variable Reporting Companies. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC registered ATS.
SOURCE OTC Markets Group Inc.