OTC Markets Group offers a wide variety of real-time licenses to cater to the different business models of our customers. An overview of our real-time licenses is available below. Pricing details may be found in our fee schedule.
Broker-Dealer Enterprise License – The Broker-Dealer Enterprise License offers access to real-time data across the enterprise for employees and brokerage customers as long as the data is displayed via a password protected application. Different fees apply for level 1 vs. level 2 data. Requires a direct contract with OTC Markets Group.
Real-Time Reference Price License – The Real-Time Reference Price License offers access to the Real-Time Reference Price Product (best bid and ask prices) for employees, customers and the general public. Distributors of OTC Markets' premium Level 1+ and Level 2+ products may distribute this data for free. All others pay a low monthly fee of $250. No per user fees or reporting requirements apply. Requires a direct contract with OTC Markets Group.
Subscriber Access - Access is available directly from your market data provider. Fees are assessed by user type - professional vs. non-professional - and by data type – level 1 vs. level 2. User data must be reported to OTC Markets Group by the market data provider.
Non-Display Internal Systems License – The Non-Display License allows firms to use OTC Markets Group's data for internal processes (e.g. routing, algorithmic trading) and validation. The data may not be displayed on end user applications. Different fees apply for Level 1+ vs. Level 2+. Requires a direct contract with OTC Markets Group.
Derived Data License – The Derived Data license allows for the display of data derived from OTC Markets data on Internal and External applications. Different fees apply for external applications vs. internal applications. Requires a direct contract with OTC Markets Group.
Issuer Investor Relations Website License – Real-time Level 2 quotation data for display on OTC Issuer’s website. Requires a direct contract with OTC Markets Group.