OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced REDI Global Technologies LLC (“REDI”), a newly independent, global trading technology provider, is a new distributor of OTC Markets Group’s real-time Level 1 and Level 2 data. REDI’s buy- and sell-side customers will now have access to real-time best bid/offer and full depth of book data on OTCQX®, OTCQB® and OTC Pink® securities.
“We are pleased REDI has become a distributor of our real-time Level 1 and Level 2 data,” said Matthew Fuchs, Managing Director of Market Data & Strategy at OTC Markets Group. “With this agreement, REDI’s broker-dealer customers will have access to comprehensive, timely data on 10,000 U.S. and global securities, including 1,500 ADRs, 1,400 foreign ordinaries, 650-plus community banks and thousands of smaller and growth companies.”
“We are excited about REDI’s new relationship with OTC Markets Group,” said Goutam Nadella, Chief Product Officer of REDI Global Technologies LLC. “By offering OTC Markets Group’s feed to our clients, REDI continues to make trading better by empowering our clients with real-time content across a range of products on a single platform.”
OTC Markets Group sets the best price standard for OTCQX, OTCQB and OTC Pink securities by broadly distributing its market data through most of the leading data distributors. OTC Markets Group Level 1+ and Level 2+ (OTCQX, OTCQB, OTC Pink, OTC Bonds) Quotes provide investors and market professionals with real-time best bid/best offer and size data and full quote depth for OTCQX, OTCQB, OTC Pink, OTC Bonds and other securities.