NEW YORK, Oct. 17, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM) today announced that the OTCM ADR Index (Bloomberg/Reuters: OTCDR; Thomson: DFCDR), the only index exclusively tracking American Depositary Receipts (ADRs) trading on the OTCQX®, OTCQB® and OTC Pink® marketplaces, rose 11.12% in the third quarter 2013, to close at 1,502 on September 30, 2013, compared to the MSCI EAFE which rose 9.86% during the same time period. The OTCM ADR Index, which is powered by BNY Mellon DR Indices and is comprised of more than 600 global companies from 38 countries across 10 industries, is up 12.75% year-to-date.
"We are pleased with the performance with the OTCM ADR Index which outperformed the leading MSCI EAFE Index during the quarter," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "ADRs offer U.S. investors the most efficient, cost-effective tools to diversify their portfolios internationally and there is simply no larger source than the OTCQX, OTCQB and OTC Pink marketplaces, which are home to almost 1,500 ADRs of global blue-chip and global growth companies, 75% of the total market."
Q3 2013 Highlights:
- Securities within the OTCM ADR Index traded $25.6 billion in Q3 2013, on par with the prior quarter. Top performing component industries were oil and gas (+16.73%), technology (+15.65%) and consumer services (+13.91%).
- The top 10 most actively traded ADRs in the OTCM ADR Index by volume during the quarter were: Allianz SE (OTCQX: AZSEY), Danone (OTCQX: DANOY), Deutsche Telekom AG (OTCQX: DTEGY), Linc Energy, Ltd. (OTCQX: LNCGY), Roche Holding Ltd. (OTCQX: RHHBY) and Volkswagen AG (OTCQX: VLKAY) which trade on OTCQX, the best marketplace for qualified companies, and Gazprom OAO (OTC Pink: OGZPY), Lenovo Group Ltd. (OTC Pink: LNVGY), Nestle S.A. (OTC Pink: NSRGY) and Tesco PLC (OTC Pink: TSCDY) which trade on OTC Pink and make limited information available outside their home market.
- Sixty-seven new companies joined the index is Q3 2013, notably AusTex Oil Limited (OTCQX: ATXDY), Dyesol Ltd. (OTCQX: DYSOY), Invensys plc (OTCQX: IVNYY), Klabin S.A. (OTCQX: KLBAY), QRxPharma Limited (OTCQX: QRXPY), Silex Systems Ltd. (OTCQX: SILXY) and Yamaha Corp. (OTCQX: YAMCY) which all trade on OTCQX, and ArcelorMittal South Africa (OTC Pink: AMSIY), Daihatsu Motor Co., Ltd. (OTC Pink: DHTMY), Genmab A/S (OTC Pink: GMXAY), Mitsubishi Tanabe Pharma Corp. (OTC Pink: MTZPY), Nobel Biocare Holding AG (OTC Pink: NBHGY) and The Sage Group plc (OTC Pink: SGPYY), which trade on OTC Pink. Twenty-three companies were removed from the Index during the third quarter.
The OTCM ADR Index is a rules-based index that is market capitalization weighted, adjusted for free float, and has various liquidity screens to ensure tradability. It is also priced in real-time and disseminated on all electronic platforms. For a current list of all OTCM ADR Index constituents as well as real-time quotes, charts and data, visit the OTC Markets Group website, www.otcmarkets.com.
For a list of market data vendors that distribute OTC Markets Level 2+ (OTCQX, OTCQB, OTC Pink, OTC Bonds) Quotes for all 1,400+ ADRs, visit the Market Data Vendors page on OTC Markets Group's website at http://www.otcmarkets.com/services/market-data/market-data-vendors/overview.
Past performance does not guarantee future results. Investors cannot invest directly in the OTCM ADR Index.
About BNY Mellon DR Indices
BNY Mellon's DR Index team provides more than 140 indices, and there are now 19 ETFs trading in the U.S., Canada and Korea using BNY Mellon indices as their primary benchmarks. To learn more about BNY Mellon's DR Indices, visit www.bnymellondrindex.com.
BNY Mellon acts as depositary for more than 2,700 American and global depositary receipt programs, acting in partnership with leading companies from 68 countries. BNY Mellon is committed to helping securities issuers access the world's rapidly evolving financial markets and delivers a comprehensive suite of depositary receipt services. Learn more at www.bnymellon.com/dr.
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.