Markets
Where Growth Companies Turn When Investors Flee
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Investors are a lot like taxicabs – much harder to find in stormy conditions than calm ones.
Growth Capitalist (https://growthcapitalist.com/category/premium-articles/markets/page/9/)
Macro-market developments affecting capital formation by pre-IPO private and public emerging growth companies
Investors are a lot like taxicabs – much harder to find in stormy conditions than calm ones.
The total dollar volume of stocks traded on OTC Markets Group’s (OTCM) listing platforms declined last year, although volume on its top listing tier, the OTCQX, rose. The total value of shares listed on all three of OTC Markets’ platforms, the OTCQX, the OTCQB and Pink Open Markets, declined to $196.2 billion in 2015 from $238.4 billion the year before, the company disclosed in a report of its 2015 trading statistics. As of Dec. 31, there were 9,850 securities listed on OTC Markets’ platforms, down 0.6% from a year earlier. OTC Markets is the main platform for quotations and trading of stocks that are not listed on the NASDAQ or New York Stock Exchange.
The offering is seen as an important test of the new market for emerging growth company financing.
Six months after listing on the OTCQX, the average stock’s trading volume rises by 53%, according to a study commissioned by OTC Markets Group. (OTCM).