OTC Markets Group (OTCQX: OTCM) today announced that tradeMONSTER™, an online trading platform for active stock and option traders, is providing real-time Level 1 quotes on OTCQX®, OTCQB® and OTC Pink® securities to all its customers under OTC Markets Group’s Level 1+ Broker-Dealer Enterprise License. tradeMONSTER has been providing OTC Markets Group’s real-time Level 1 quotes to its subscribers on a per-user basis since March. This new agreement reflects the growing demand for real-time Level 1 data on OTCQX, OTCQB and OTC Pink securities among tradeMONSTER customers.
“We are excited tradeMONSTER has upgraded its license to become an enterprise customer for our real-time Level 1+ quotes,” said Matthew Fuchs, Managing Director of Market Data & Strategy at OTC Markets Group. “With this agreement, tradeMONSTER’s extensive customer base will have convenient, cost-effective access to real-time data on 10,000 U.S. and global securities, including 1,400 American Depositary Receipts, 1,400 foreign ordinaries, 600 community banks and thousands of high-growth, small-cap companies that provide a universe of attractive investment opportunities.”
“We have been pleased with the service we have received since we began offering OTC Markets Group’s real-time Level 1 quotes,” said Jim Swartwout, President of tradeMONSTER. “We are always looking for additional ways to meet the needs of self-directed investors and the expansion of this service is another step in that process.”
OTC Markets Level 1+ (OTCQX, OTCQB, OTC Pink, OTC Bonds) License provides real-time best bid/offer quote prices and size data on OTCQX, OTCQB and OTC Pink equities, OTC Bonds and other securities on OTC Link® ATS, OTC Market Group’s SEC registered Alternative Trading System, as well as real-time trade data from negotiated transactions and information on individual securities.