When it comes to trading securities, it is very important to obtain accurate information about the price of the stocks. You also need to obtain information about the liquidity of the securities.
It is easy to obtain information about stocks that are traded on exchange platforms like NASDAQ and NYSE. However, you have to be careful while trading in OTC stocks.
These stocks are not listed on the exchange platform, so it is very difficult to get the price as well as liquidity information. The trading is done via the dealer network.
However, there are few companies that provide accurate information. One such public company is OTC markets Group.
What is OTC Markets Group?
It is an over the counter financial market that provides information about OTC stocks and securities. They provide data about price and liquidity.
It was known as Pink Sheets in the beginning. This company provides financial services to investors as well as companies. The headquarters of this company is located in New York.
This company have data about more than 10,000 OTC securities. The stocks are divided into three markets. It helps the investors to stay informed about the opportunities and risks of trading.
OTC Markets Group is an over the counter security as well. If you want to invest your money in this public company, you can purchase OTCMKTS OTCM stocks at https://www.webull.com/quote/otcmkts-otcm.
Companies Joining OTCQX Market in 2021:
OTC Markets Group divides the securities into three markets, i.e. OTCQX, OTCQB and Pink. However, in 2021, the company have welcomed many new companies in the OTCQX market. It means the information about the stocks of these companies will be now available for you.
BrainChip Holdings Ltd.:This company provides AI technology. Earlier, this company was in the Pink market. But now, they have upgraded to the OTCQX market. It is a big step as now the stocks of the company will be available in this market. Investors will get transparent information, and the company will get the needed exposure. It will help to boost the price of OTCMKTS OTCM as well.
- GoldSpot Discoveries Corp.:
On May 12, GoldSpot Discoveries Corp has also become a part of the OTCQX market. This company provide technology services. They develop technology for mineral exploration. This company will be able to offer stocks on the OTCQX market.
- Astralis A/S:
This is another company which have joined the OTCQX market. This company is based in Copenhagen. It is known for developing an e-sports team for tournaments. It is the 500th company which will trade in this market like nyse psfe ws at https://www.webull.com/quote/nyse-psfe-ws.
These are some of the well-known companies which have joined the OTCQX market.
