OTC Markets Group Provides Real-Time Level 1 and Level 2 Data to TurnKey Brokerage Solutions' TurboTick Trading Platform
NEW YORK, July 23, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected marketplaces, today announced it is providing its real-time Level 1 and Level 2 quotes on OTCQX®, OTCQB® and OTC Pink® securities to TurnKey Brokerage Solutions, www.turnkeybroker.com, a technology company that provides stock trading software solutions to traders, brokers, hedge funds, and financial institutions. Users of TurnKey's TurboTick trading platform will now have access to real-time best bid/best offer and size data along with full quote depth on 10,000 U.S. and global securities.
"We are pleased TurnKey has chosen to provide our real-time Level 1 and Level 2 data to its customers," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Our OTCQX, OTCQB and OTC Pink marketplaces are home to the largest number of ADRs and foreign ordinaries in the U.S. – over 3,000 in total – as well as 600-plus community banks and thousands of small, emerging growth companies. With this agreement, TurnKey customers now have access to the same quality and depth of data on these securities that is enjoyed by the nation's largest institutions."
"Traders require access to real-time data in all asset classes," said Daniel Pipitone, VP of Operations for TurnKey Brokerage Solutions. "Our agreement with OTC Markets Group, the exclusive provider of real-time data on OTCQX, OTCQB and OTC Pink securities, will allow us to provide our customers with comprehensive, high-quality data on 10,000 U.S. and international stocks through our TurboTick direct access and Web trading applications."
OTC Markets Level 1+ and Level 2+ (OTCQX, OTCQB, OTC Pink, OTC Bonds) Quotes provide investors and market professionals with real-time best bid/best offer and size data and full quote depth for OTCQX, OTCQB, OTC Pink, OTC Bonds and other securities on OTC Link® ATS, OTC Market Group's SEC registered Alternative Trading System. It also delivers real-time trade data from negotiated transactions and information on individual securities, as well as market participant and trader information for these 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.