NEW YORK, July 6, 2015 /PRNewswire/-- OTC Markets Group Inc. ("OTC Markets Group" or "the Company") (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities, today announced it has added Money.Net, a financial market data platform, as a distributor of OTC Markets Group's Real-Time Level 1 and Level 2 data. With this agreement, Money.Net's subscribers, including professional and non-professional investors, can access real-time best bid/best offer quotes and full depth of market information on OTCQX®, OTCQB® and OTC Pink® securities, as well as unique security information such as marketplace designation and Caveat Emptor status.
"We are pleased to add Money.Net to our growing list of distributors of OTCQX, OTCQB and OTC Pink market data," said Matthew Fuchs, Executive Vice President – Market Data at OTC Markets Group. "Our Real-Time Level 1 and Level 2 data will allow Money.Net's subscribers to track real-time prices, quote size and available liquidity for 10,000 U.S. and international securities traded in our market, including ADRs, foreign ordinaries, community banks and small-cap companies."
Morgan Downey, CEO of Money.Net, said, "We are seeing rapidly increasing demand for OTC Markets Group data from our customers and we are very excited to add the company's Level 1 and Level 2 as part of our ultra-affordable, complete, global market data platform."
OTC Markets Group's Market Data Licensing division is the leading provider of market data, company data and security information on OTCQX, OTCQB and OTC Pink securities to the trading, investment, legal and regulatory communities. The Company's network-based model enables it to provide more comprehensive data and data products to its subscribers, including real-time data, end-of-day data, historical quotation data, company financial data, security master data, corporate reference data and compliance data. OTC Markets Group also provides data through leading market data redistributors.
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 inform investors of opportunities and risks: the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and the OTC Pink® Open Marketplace. 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 regulated ATS.
Money.Net is a privately held company located in downtown Manhattan. In January of 2014 Morgan Downey, formerly global head of commodity markets at Bloomberg LP, joined forces with technologist HL Van Arnem to build out the Money.Net financial platform. The goal of Money.Net is to bring an affordable and innovative financial information platform to everyone involved in finance, from investors to traders. For more information on Money.Net, visit www.money.net.
SOURCE OTC Markets Group Inc.