Cromwell Coulson

OTC Markets Trading Volume Declined in 2015, OTCQX Grew

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.