NEW YORK, Jan. 28, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced it is providing its real-time Level 1 quotes on OTCQX®, OTCQB® and OTC Pink® securities to TradingBlock, an online brokerage firm for self-directed stock investors. TradingBlock customers can now access real-time best bid/best offer and size data on OTCQX, OTCQB and OTC Pink securities, as well as real-time trade data from negotiated transactions and information on individual securities.
"We are pleased TradingBlock has chosen to provide our Level 1 data to its customers," said Matthew Fuchs, Managing Director of Market Data & Strategy at OTC Markets Group. "With this agreement, investors can use TradingBlock to get real-time inside price transparency on 10,000 U.S. and global securities, including 1,500 American Depositary Receipts, 1,400 foreign ordinaries, 600-plus community banks, 900-plus large- and mid-cap companies and thousands of smaller and growth companies."
"With the addition of OTC Markets' data to our platform, we continue to provide investors and traders more choice in how they elect to invest and trade," said Tom Heffernan, TradingBlock's Vice President of Marketing. "Whether you're managing a long-term portfolio or trading short-term opportunities, TradingBlock provides you the tools and flexibility to execute your strategy."
An 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.
OTC Markets Group sets the best price standard for OTCQX, OTCQB and OTC Pink securities by broadly distributing its market data through most of the leading data distributors.
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 regulated ATS.
TradingBlock is a technology-driven online brokerage providing self-directed investors innovative ways to identify new investment opportunities, strategies for generating portfolio income, and ways to balance portfolio risk. Through its tools and services, TradingBlock is developing a more intuitive experience to help investors create, grow and manage their investments. Member FINRA, SIPC and NFA. Web: www.tradingblock.com. Phone: 1-800-494-0451. Email: [email protected].
SOURCE OTC Markets Group Inc.