Pinksheets.com Changes to OTCMarkets.com
NEW YORK, Feb. 16 /PRNewswire-FirstCall/ -- Pink OTC Markets™ has renamed pinksheets.com, its investor website for financial news and information on OTC securities, to otcmarkets.com. The new website name reflects Pink OTC Markets' position as the leading provider of quotes and financial information in all stocks not listed on U.S. stock exchanges. Otcmarkets.com is the most comprehensive source for investors for quotes, trading data and company information in over 9,300 OTCQX®, Bulletin Board and Pink Sheets® stocks.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090623/NY36558LOGO )
In order to provide greater transparency to companies dually quoted by market makers on both the Pink Quote and the FINRA OTCBB platform, beginning Tuesday, February 16th, Pink OTC Markets will make Real-Time Level 2 market maker quotations published in the Pink Quote inter-dealer system available on www.otcmarkets.com for all OTCQX and dually quoted OTCBB securities.
"The superior technology of our inter-dealer quotation system is now attracting more and more consolidation of broker-dealer quotation activity in unlisted stocks," said R. Cromwell Coulson, President and CEO of Pink OTC Markets Inc. "By making Real-time Level 2 Quotes available on Otcmarkets.com in OTCQX and OTCBB securities, we are continuing to expand the availability of investor information in the OTC market."
Pink OTC Markets' inter-dealer quotation and trading platform has become the leading quotation platform for market makers in the U.S. OTC market. More broker-dealers are choosing the superior performance and functionality of Pink Quote over FINRA's OTCBB for publishing two-sided priced quotes in OTC securities.
Year Ended |
Pink Quote |
OTCBB |
|
December 31 |
Quotations |
Quotations |
|
2009 |
47,004 |
16,002 |
|
2008 |
41,289 |
26,670 |
|
2007 |
34,171 |
37,171 |
|
This data represents two-sided priced quotations only on both the Pink Quote and OTCBB platforms. There were a total of 81,786 priced and un-priced quotations on Pink Quote and 23,129 on the FINRA OTCBB in December 2009.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (Pink Sheets: PINK) is a financial information and technology services company that operates the leading electronic quotation and trading system in the Over-the-Counter, or OTC, securities market. The OTCQX and Pink Sheets® marketplaces that we operate constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our technology platform provides a comprehensive suite of information products and trading services for OTC market participants. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.pinkotc.com, www.otcmarkets.com and www.otcqx.com or contact us at [email protected].
Pink OTC Markets is headquartered in New York City.
OTC Bulletin Board and OTCBB are common law trademarks of FINRA.
SOURCE Pink OTC Markets Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article