OTC Markets Group Reports 2013 Trading Statistics and Highlights
NEW YORK, Jan. 29, 2014
NEW YORK, Jan. 29, 2014 /PRNewswire/ --OTC Markets Group Inc. (OTCQX: OTCM),
operator of Open, Transparent and Connected financial marketplaces, today
announced its trading statistics and highlights for 2013 as well as its plans
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO )
oThe total dollar volume of OTCQX®, OTCQB® and OTC Pink® securities
increased 48% in 2013 to $201.2 billion.
oThe total dollar volume of trading on the OTCQX marketplace, the best
marketplace for qualified companies, increased 29% in 2013 to $29.5
billion, and represented 15% of the total dollar volume of trading in all
marketplaces last year. The aggregate market capitalization of the 370
OTCQX companies as of December 31, 2013 was over $1.7 trillion, a 34%
increase from the prior year.
oAchieved over 1,500 American Depositary Receipts ("ADRs") trading on
OTCQX, OTCQB and OTC Pink, an increase of more than 500% since 2003.
oOTC Markets Group continued to expand its distribution network, announcing
agreements with MSN Money, SNL Financial, Seeking Alpha and tradeMONSTER™
to bring OTCQX, OTCQB and OTC Pink market data to a wider group of market
oOTCQX and OTCQB were designated as "established public markets" by the
U.S. Securities and Exchange Commission ("SEC").
oOTC Markets Group made significant enhancements to its OTC Disclosure &
News Service® by expanding its relationship with PR Newswire, integrating
with Marketwired and adding company videos and investor presentations to
Total Dollar Volume Increased 48% in 2013
The total number of securities trading on OTCQX, OTCQB and OTC Pink
marketplaces as of December 31, 2013 was 10,011 in 2013, totaling $201.2
billion in dollar volume, a 48% increase in dollar volume from the prior
Summary of 2013 Trading Statistics by Marketplace
As of December 31, 2013 Year Ended December 31, 2013
# of Total Market % of $ vol /
Marketplace Securities Capitalization * $ Volume * Total security
OTCQX ® 370 1,743,034 29,492 15% $ 78,693,872
OTCQB ® 3,143 220,793 74,003 37% $ 22,854,780
OTC Pink ® 2,942 12,573,533 86,153 43% $ 31,071,899
OTC Pink ® 523 15,913 1,245 1% $
OTC Pink ® No 3,033 54,493 10,291 5% $
Totals 10,011 14,607,766 $201,184 100% $ 20,101,622
During 2013, the total dollar volume of trading in OTCQX securities increased
29%, to $29.5 billion, representing 15% of total trading. The average dollar
volume per security on OTCQX was $78.7 million, 3.4 times the average dollar
volume per security on OTCQB and 2.5 times the average dollar volume per
security on OTC Pink Current Information, reflecting investors' preference for
engaged and shareholder-friendly companies that make high quality financial
information widely available.
As of December 31, 2013, the OTCQX marketplace had a total market
capitalization of over $1.7 trillion. New additions during 2013 included:
Commercial International Bank Ltd. (OTCQX: CIBEY) with a $4.1 billion market
capitalization, Fresenius SE & Co. KGaA (OTCQX: FSNUY) with a $27.8 billion
market capitalization, Minerva S.A. (OTCQX: MRVSY) with a $0.6 billion market
capitalization, OCI N.V. (OTCQX: OCINY) with a $9.3 billion market
capitalization, Royal DSM NV (OTCQX: RDSMY) with a $14.3 billion market
capitalization, TransForce Inc. (OTCQX: TFIFF) with a $2.2 billion market
capitalization and Wacoal Holdings Corp. (OTCQX: WACLY) with a $1.5 billion
Also during 2013, eight OTCQX companies graduated to the NYSE and NASDAQ stock
exchanges, using OTCQX as a successful first step toward a U.S. exchange
listing. The companies included Altisource Asset Management Corp., American
Eagle Energy Corp., B2Gold Corp., Empire Resources Inc., Energy Fuels Inc.,
LiqTech International Inc., Organovo Holdings Inc. and Tiptree Financial Inc..
Companies that provided current information on the OTCQX, OTCQB marketplaces
and the OTC Pink Current marketplace tier represented $189.6 billion, or 94%,
of the total dollar volume traded across all OTCM marketplaces in 2013.
Over 1,500 ADRs Trade on OTCQX, OTCQB and OTC Pink Marketplaces
The OTCM ADR Index (Bloomberg/Reuters: OTCDR; Thomson: DFCDR), powered by BNY
Mellon Indices and comprised of more than 600 ADRs trading exclusively on the
OTCQX, OTCQB and OTC Pink marketplaces, rose 18.7% in 2013.
In 2013, OTC Markets Group achieved over 1,500 ADRs trading on the OTCQX,
OTCQB and OTC Pink marketplaces, a 500% increase in the past 10 years. The
over 1,500 ADRs trading on the OTCM marketplaces represent approximately 75%
of the entire ADR market. ADRs and foreign ordinaries are the largest asset
class of OTCQX, OTCQB and OTC Pink securities, representing 63% of the total
dollar volume on all marketplaces.
Continued Expansion of Market Data Distribution Network
OTC Markets Group continued to expand its distribution network in 2013,
announcing agreements with MSN Money, SNL Financial, Seeking Alpha and
tradeMONSTER^TM to bring real-time data on OTCQX, OTCQB and OTC Pink
securities to a broader group of investors.
OTC Markets Group made significant enhancements to its OTC Disclosure & News
Service during 2013, making it easier for SEC and non-SEC reporting companies
to distribute their news and information to investors and meet regulatory and
disclosure requirements. As of December 31, 2013, more than 1,000 companies
are using the OTC Disclosure & News Service to publish news and financial
reports; over 90% use the OTC Disclosure & News Service as their primary
method of financial disclosure in the U.S. Enhancements that were rolled-out
during 2013 included:
oExpanded relationship with PR Newswire to offer international distribution
to news and online media outlets in the U.K., Singapore and Canada, as
well as streamlined filing for SEC reporting companies through PR
Newswire's secure Edgar filings service, Vintage Filings
oWorked with Marketwired, a global newswire and social communications
company, to integrate Marketwired's news distribution service with the OTC
Disclosure & News Service
oAdded videos and investor presentations to the OTC Disclosure & News
Service, providing companies with additional investor relations tools.
OTCQX and OTCQB Established Public Markets Recognition
On May 16, the SEC updated its Compliance and Disclosure Interpretations to
recognize the OTCQX and OTCQB marketplaces as "established public markets"for
the purposes of establishing a public market price in equity line financings.
As a result, companies may use their OTCQX or OTCQB marketplace trading to
establish a public market price for an equity line financing registration
Plans for 2014
In 2014, OTC Markets Group plans to continue making its marketplaces better
informed and more efficient.
Beginning in the first quarter 2014, OTC Markets Group plans to streamline the
OTCQX marketplace qualifications to better meet the needs of banks, SEC
reporting and other U.S. companies. "Banks and SEC reporting companies are
among the most highly regulated entities trading on our marketplaces, so it
makes sense to leverage their existing regulatory reporting requirements to
provide them with an easier way to distinguish investor-focused banks and
companies with established operations from the many development stage
companies, shells and penny stocks trading on the OTCQB marketplace," said R.
Cromwell Coulson, OTC Markets Group's President and CEO.
In addition, OTC Markets Group plans improvements to its OTCQB marketplace to
make it a better venture stage marketplace with premium corporate services,
company verification and management certifications to provide a higher quality
information experience for investors. For the first time, OTC Markets Group
plans to make OTCQB available to venture-stage international companies that
are listed on a qualified non-U.S. stock exchange and are current in their
disclosure under U.S. Securities and Exchange Commission Rule 12g3-2(b).
Companies will receive notification about these changes in the coming months.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected
financial marketplaces for 10,000 U.S. and global securities. Through our OTC
Link® ATS, we directly link a diverse network of broker-dealers that provide
liquidity and execution services for a wide spectrum of securities. We
organize these securities into marketplaces to better inform investors of
opportunities and risks – OTCQX®, The Best Marketplace with Qualified
Companies; OTCQB®, The Venture Stage Marketplace with U.S. Reporting
Companies; and OTC Pink®, The Open Marketplace with Variable Reporting
Companies. Our data-driven platform enables investors to easily trade through
the broker of their choice at the best possible price and empowers a broad
range of companies to improve the quality and availability of information for
their investors. To learn more about how we create better informed and more
efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link® ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated
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 All market capitalizations are presented as approximate as of December 31,
SOURCE OTC Markets Group Inc.
Contact: Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428,
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