Subscribing broker-dealers view and publish quotes and negotiate trades in OTCQX®, OTCQB® and Pink® securities on our SEC-registered Alternative Trading System, OTC Link® ATS, an interdealer quotation and trade messaging system. Broker-dealers access OTC Link® ATS through our OTC Dealer®, user interface or by using OTC FIX protocol.
OTC Dealer is a high–performance, real–time, front–end application. OTC Dealer provides a consolidated quotation, trading, and information system to attract and access market liquidity.
OTC Dealer provides a smart and simple interface for traders to manage their market making and agency trading activities. With OTC Dealer, traders can:
- View – See an integrated quote montage providing a single source for all market maker quotes in OTCQX, OTCQB and Pink securities. OTC Dealer provides information needed for broker-dealers to comply with FINRA– Best Execution.
- Quote – Publish quotes in OTCQX, OTCQB and Pink securities on OTC Link ATS. A simple point and click interface allows traders to easily communicate and manage price and size of their markets. All Quote data is also published on OTC Markets Group's real-time quote message feed. This data is distributed by Bloomberg, Thomson and other financial data distributors and reaches a diverse group of financial market professionals.
- Trade – Access liquidity instantly via the OTC Link ATS electronic messaging system. Traders have direct access to send, execute, negotiate or decline trade messages with increased efficiency and speed.
- Analyze – Review complete quote and trade histories as well as the latest market changes, from new securities to critical corporate action data.
- Integrate – Connect using FIX 4.2 for seamless integration with leading OMS providers (Bloomberg, Fidessa, SunGard Brass and others) or with internal applications.