Welcome!

News Feed Item

OTC Markets Group Reports 2013 Trading Statistics and Highlights

NEW YORK, Jan. 29, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced its trading statistics and highlights for 2013 as well as its plans for 2014.

(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO )

2013 Highlights:

  • The total dollar volume of OTCQX®, OTCQB® and OTC Pink® securities increased 48% in 2013 to $201.2 billion.
  • The total dollar volume of trading on the OTCQX marketplace, the best marketplace for qualified companies, increased 29% in 2013 to $29.5 billion, and represented 15% of the total dollar volume of trading in all marketplaces last year. The aggregate market capitalization of the 370 OTCQX companies as of December 31, 2013 was over $1.7 trillion, a 34% increase from the prior year.
  • Achieved over 1,500 American Depositary Receipts ("ADRs") trading on OTCQX, OTCQB and OTC Pink, an increase of more than 500% since 2003.
  • OTC Markets Group continued to expand its distribution network, announcing agreements with MSN Money, SNL Financial, Seeking Alpha and tradeMONSTER™  to bring OTCQX, OTCQB and OTC Pink market data to a wider group of market participants.
  • OTCQX and OTCQB were designated as "established public markets" by the U.S. Securities and Exchange Commission ("SEC").
  • OTC Markets Group made significant enhancements to its OTC Disclosure & News Service® by expanding its relationship with PR Newswire, integrating with Marketwired and adding company videos and investor presentations to www.otcmarkets.com.

Total Dollar Volume Increased 48% in 2013

The total number of securities trading on OTCQX, OTCQB and OTC Pink marketplaces as of December 31, 2013 was 10,011 in 2013, totaling $201.2 billion in dollar volume, a 48% increase in dollar volume from the prior year. 

Summary of 2013 Trading Statistics by Marketplace


As of December 31, 2013


Year Ended December 31, 2013

Marketplace

# of
Securities

Total Market
Capitalization *


$ Volume *

% of Total
$Volume

$ vol / security

OTCQX ®

370

1,743,034


29,492

15%

$ 78,693,872

OTCQB ®

3,143

220,793


74,003

37%

$ 22,854,780

OTC Pink ® Current

2,942

12,573,533


86,153

43%

$ 31,071,899

OTC Pink ® Limited

523

15,913


1,245

1%

$   2,383,419

OTC Pink ® No Information

3,033

54,493


10,291

5%

$   3,319,009

Totals

10,011

14,607,766


$201,184

100%

$ 20,101,622








*  Amounts presented in millions







During 2013, the total dollar volume of trading in OTCQX securities increased 29%, to $29.5 billion, representing 15% of total trading.  The average dollar volume per security on OTCQX was $78.7 million, 3.4 times the average dollar volume per security on OTCQB and 2.5 times the average dollar volume per security on OTC Pink Current Information, reflecting investors' preference for engaged and shareholder-friendly companies that make high quality financial information widely available.

As of December 31, 2013, the OTCQX marketplace had a total market capitalization of over $1.7 trillion.  New additions during 2013 included: Commercial International Bank Ltd. (OTCQX: CIBEY) with a $4.1 billion market capitalization[1], Fresenius SE & Co. KGaA (OTCQX: FSNUY) with a $27.8 billion market capitalization, Minerva S.A. (OTCQX: MRVSY) with a $0.6 billion market capitalization, OCI N.V. (OTCQX: OCINY) with a $9.3 billion market capitalization, Royal DSM NV (OTCQX: RDSMY) with a $14.3 billion market capitalization, TransForce Inc. (OTCQX: TFIFF) with a $2.2 billion market capitalization and Wacoal Holdings Corp. (OTCQX: WACLY) with a $1.5 billion market capitalization. 

Also during 2013, eight OTCQX companies graduated to the NYSE and NASDAQ stock exchanges, using OTCQX as a successful first step toward a U.S. exchange listing.  The companies included Altisource Asset Management Corp., American Eagle Energy Corp., B2Gold Corp., Empire Resources Inc., Energy Fuels Inc., LiqTech International Inc., Organovo Holdings Inc. and Tiptree Financial Inc..

Companies that provided current information on the OTCQX, OTCQB marketplaces and the OTC Pink Current marketplace tier represented $189.6 billion, or 94%, of the total dollar volume traded across all OTCM marketplaces in 2013.

Over 1,500 ADRs Trade on OTCQX, OTCQB and OTC Pink Marketplaces

The OTCM ADR Index (Bloomberg/Reuters: OTCDR; Thomson: DFCDR), powered by BNY Mellon Indices and comprised of more than 600 ADRs trading exclusively on the OTCQX, OTCQB and OTC Pink marketplaces, rose 18.7% in 2013.

In 2013, OTC Markets Group achieved over 1,500 ADRs trading on the OTCQX, OTCQB and OTC Pink marketplaces, a 500% increase in the past 10 years.  The over 1,500 ADRs trading on the OTCM marketplaces represent approximately 75% of the entire ADR market.  ADRs and foreign ordinaries are the largest asset class of OTCQX, OTCQB and OTC Pink securities, representing 63% of the total dollar volume on all marketplaces.

Continued Expansion of Market Data Distribution Network

OTC Markets Group continued to expand its distribution network in 2013, announcing agreements with MSN Money, SNL Financial, Seeking Alpha and tradeMONSTERTM to bring real-time data on OTCQX, OTCQB and OTC Pink securities to a broader group of investors. 

OTC Markets Group made significant enhancements to its OTC Disclosure & News Service during 2013, making it easier for SEC and non-SEC reporting companies to distribute their news and information to investors and meet regulatory and disclosure requirements.  As of December 31, 2013, more than 1,000 companies are using the OTC Disclosure & News Service to publish news and financial reports; over 90% use the OTC Disclosure & News Service as their primary method of financial disclosure in the U.S.  Enhancements that were rolled-out during 2013 included:

  • Expanded relationship with PR Newswire to offer international distribution to news and online media outlets in the U.K., Singapore and Canada, as well as streamlined filing for SEC reporting companies through PR Newswire's secure Edgar filings service, Vintage Filings
  • Worked with Marketwired, a global newswire and social communications company, to integrate Marketwired's news distribution service with the OTC Disclosure & News Service
  • Added videos and investor presentations to the OTC Disclosure & News Service, providing companies with additional investor relations tools.

OTCQX and OTCQB Established Public Markets Recognition

On May 16, the SEC updated its Compliance and Disclosure Interpretations to recognize the OTCQX and OTCQB marketplaces as "established public markets" for the purposes of establishing a public market price in equity line financings.  As a result, companies may use their OTCQX or OTCQB marketplace trading to establish a public market price for an equity line financing registration statement.

Plans for 2014

In 2014, OTC Markets Group plans to continue making its marketplaces better informed and more efficient.  

Beginning in the first quarter 2014, OTC Markets Group plans to streamline the OTCQX marketplace qualifications to better meet the needs of banks, SEC reporting and other U.S. companies.  "Banks and SEC reporting companies are among the most highly regulated entities trading on our marketplaces, so it makes sense to leverage their existing regulatory reporting requirements to provide them with an easier way to distinguish investor-focused banks and companies with established operations from the many development stage companies, shells and penny stocks trading on the OTCQB marketplace," said R. Cromwell Coulson, OTC Markets Group's President and CEO.

In addition, OTC Markets Group plans improvements to its OTCQB marketplace to make it a better venture stage marketplace with premium corporate services, company verification and management certifications to provide a higher quality information experience for investors.  For the first time, OTC Markets Group plans to make OTCQB available to venture-stage international companies that are listed on a qualified non-U.S. stock exchange and are current in their disclosure under U.S. Securities and Exchange Commission Rule 12g3-2(b).  

Companies will receive notification about these changes in the coming months.    

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 regulated ATS.

Subscribe to the OTC Markets RSS Feed

[1] All market capitalizations are presented as approximate as of December 31, 2013.

SOURCE OTC Markets Group Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"DivvyCloud as a company set out to help customers automate solutions to the most common cloud problems," noted Jeremy Snyder, VP of Business Development at DivvyCloud, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Kubernetes is an open source system for automating deployment, scaling, and management of containerized applications. Kubernetes was originally built by Google, leveraging years of experience with managing container workloads, and is now a Cloud Native Compute Foundation (CNCF) project. Kubernetes has been widely adopted by the community, supported on all major public and private cloud providers, and is gaining rapid adoption in enterprises. However, Kubernetes may seem intimidating and complex ...
While the focus and objectives of IoT initiatives are many and diverse, they all share a few common attributes, and one of those is the network. Commonly, that network includes the Internet, over which there isn't any real control for performance and availability. Or is there? The current state of the art for Big Data analytics, as applied to network telemetry, offers new opportunities for improving and assuring operational integrity. In his session at @ThingsExpo, Jim Frey, Vice President of S...
"We focus on SAP workloads because they are among the most powerful but somewhat challenging workloads out there to take into public cloud," explained Swen Conrad, CEO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"As we've gone out into the public cloud we've seen that over time we may have lost a few things - we've lost control, we've given up cost to a certain extent, and then security, flexibility," explained Steve Conner, VP of Sales at Cloudistics,in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We provide IoT solutions. We provide the most compatible solutions for many applications. Our solutions are industry agnostic and also protocol agnostic," explained Richard Han, Head of Sales and Marketing and Engineering at Systena America, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DX World EXPO, LLC., a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy," said Roger Strukhoff, Conference Chair. "DX World Expo has organized these issues along 10 tracks with more than 150 of the world's top speakers coming to Istanbul to help change the world."
"We are focused on SAP running in the clouds, to make this super easy because we believe in the tremendous value of those powerful worlds - SAP and the cloud," explained Frank Stienhans, CTO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Peak 10 is a hybrid infrastructure provider across the nation. We are in the thick of things when it comes to hybrid IT," explained , Chief Technology Officer at Peak 10, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are still a relatively small software house and we are focusing on certain industries like FinTech, med tech, energy and utilities. We help our customers with their digital transformation," noted Piotr Stawinski, Founder and CEO of EARP Integration, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"I think DevOps is now a rambunctious teenager – it’s starting to get a mind of its own, wanting to get its own things but it still needs some adult supervision," explained Thomas Hooker, VP of marketing at CollabNet, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We've been engaging with a lot of customers including Panasonic, we've been involved with Cisco and now we're working with the U.S. government - the Department of Homeland Security," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.