OTC Markets Newsletter - February 2011
January 2011

Featured This Month - The OTC Markets Group Website: otcmarkets.com

In 2010, the number of average daily visits to otcmarkets.com doubled compared to 2009. Our monthly traffic is quickly approaching 1 million visitors, and monthly page views now exceed 25 million. This significant increase in website traffic is indicative of increased interest in the OTC securities markets and investors' desire to make intelligent and informed investment decisions.

otcmarkets.com is the top resource for investors interested in unlisted securities and the only public website that offers real-time quotes for all 10,000 OTC securities. In addition to the valuable quote and trade information offered, OTC companies can also provide investors with their latest news, financial disclosure, equity research, investor presentations, and notice of corporate action changes – all on otcmarkets.com.

Find out why more and more people are interested in the OTC marketplace. Visit our OTC 101 section: otcmarkets.com/learn/intro.

OTC Market Trade Summary Latest OTC News
  OTC Market Tier # Securities $ Volume Avg. $ Vol.
per Security
OTC QX Icon OTCQX 166 $2,026,340,875 $12,206,873
OTC QB Icon OTCQB 3,870 $4,447,394,276 $1,149,197
OTC Pink Icon OTC Pink Current 1,867 $9,536,820,877 $5,108,099
Pink Limited Icon OTC Pink Limited 631 $474,526,951 $752,024
Pink No Info Icon OTC Pink
No Information
3,441 $228,971,938 $66,542
Bulletin Board Icon FINRA BB 25 $11,772,399 $470,896
  Totals 10,000 $16,725,827,316 $1,672,583

Compliance Alert: FINRA Rule Changes (February 11, 2011)

Morningstar Adds OTC Markets Group Data (January 25, 2011)

Pink OTC Markets Announces Official Name Change to "OTC Markets Group Inc." (January 18, 2011)

OTC Market Regulation

February FINRA Rule Changes
On February 11, 2011, some important new rules went into effect for the OTC marketplace. These are the first of several rule amendments that will establish Regulation NMS-principled rules in the OTC marketplace, which FINRA believes will enhance market quality and investor protection.

These new rules:

  • Allow broker-dealers to charge access fees related to trading OTC equity securities
  • Implement policies to avoid locking or crossing the markets
  • Establish minimum pricing increments for OTC equity securities

OTC Markets Group is working to provide our subscribers with the tools necessary to comply with these rule changes, including development of a Quote Access Payment ('QAP') system. These changes were communicated in a Compliance Alert on February 9th. Further rule changes, including Display of Customer Limit Orders, will go into effect in May 2011.

Events

February 11-13, Miami, FL - Security Traders Association (STA) of Florida Conference
OTC Markets Group's Subscriber Services attended this annual event hosted by STA Florida.

February 18-19, Phoenix, AZ - Cambridge House Investment Conference
Daniel Brasier, Director of OTCQX International at OTC Markets Group, will be attending.

March 6-9, Toronto, Ontario - Prospectors and Developers Association of America Conference
Daniel Brasier, Director of OTCQX International at OTC Markets Group, will be attending.

March 13-16, Dana Point, CA - Roth Capital Partners OC Growth Stock Conference
Daniel Brasier, Director of OTCQX International at OTC Markets Group, will be attending.

April 7-8, New York, NY - Australian Resources Conference (ARC) USA
Andy Kyzyk, Director of OTCQX International at OTC Markets Group, will be presenting, focusing on the role and benefits of OTC Markets and OTCQX.

OTC QX OTC QB OTC Pink

Seven more companies joined OTCQX® in January, bringing the total number of OTCQX companies to 166.

A complete list of OTCQX companies is available on www.otcqx.com.

94.3% of priced quotes in all OTC equities are on the OTC Link™ platform.

The OTCQB® marketplace continues to gain recognition as the marketplace for reporting OTC companies. Today, only 5.7% of all quotes in OTC equity securities are published on FINRA's interdealer quotation system (FINRA BB). Data as of February 2, 2011.


  • Number of priced quotes in OTC Link: 63,209 (94.3% of all priced quotes in OTC equities)
  • Number of priced quotes on the FINRA BB: 3,805 (5.7% of all priced quotes in OTC equities)

Securities trading in OTC Pink™ No Information represent only 1% of the total dollar volume traded on the OTC market.

Companies that provide current information enjoy over 94% of the dollar volume traded on the OTC market.

Non-reporting OTC Pink companies have the opportunity to encourage liquidity by following the Alternative Reporting Standard. It is easy to upgrade to OTC Pink Limited Information by simply providing a current balance sheet, income statement, and total shares outstanding.

Visit our website to view a sample of what Limited Information disclosure looks like.