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Yeah, when they said "global Brands"...it took the wind out of my sails for our stocks.
I guess we'll find out soon enough, but I'm thinking it's across the board. Of course, no EM or greys, but maybe the rest of them.
From the list of stocks they mentioned, our pinkies will not be included.
Maybe I'm not understanding this but I'm thinking a little different here:
This will allow investors to track and trade thousands of global equity securities during Asian market hours, at European market open and overnight in the U.S.
https://www.otcmarkets.com/stock/OTCM/news/OTC-Markets-Group-Introduces-Overnight-Trading?id=440607
I don't think it'll help the stocks we play.
Active securities across the OTC market tiers, including global brands like Roche, Adidas, Air Canada and Techtronic Industries, will be eligible for trading in an overnight session by broker-dealer subscribers in U.S. dollars.
OTC Markets Group Introduces Overnight Trading
Press Release | 05/15/2024
NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today introduced OTC Overnight, a new offering that will make OTC equity securities available for trading Sunday through Thursday between 8 PM and 4 AM eastern time.
Active securities across the OTC market tiers, including global brands like Roche, Adidas, Air Canada and Techtronic Industries, will be eligible for trading in an overnight session by broker-dealer subscribers in U.S. dollars. OTC Markets expects that OTC Overnight will be available in the second quarter of this year on the OTC Link NQB Alternative Trading System. This will allow investors to track and trade thousands of global equity securities during Asian market hours, at European market open and overnight in the U.S.
Overnight trading will significantly expand accessibility and comprehensive market data coverage for the OTC markets. As more clients connect to the platform and demand for overnight trading grows, OTC Markets Group plans to expand the offering to additional securities within its network. The Company continues to actively take steps to establish itself as a global market that meets the needs of investors, broker-dealers and issuers at all levels.
“We have seen an increased demand from investors, broker-dealers, and other market participants looking to access the largest financial center in the world in their respective time zones,” said Matt Fuchs, Executive Vice President of Market Data at OTC Markets Group. “We are uniquely positioned to make this possible and create new levels of opportunity for thousands of global equities.”
OTC Link LLC, operator of OTC Link NQB IDQS, filed an amended Form ATS regarding the new overnight session. Utilizing current FIX and multicast connectivity to the OTC Link NQB ATS, broker-dealers can expand offerings for customers. To learn more about gaining access to OTC Overnight, visit www.otcmarkets.com/market-data/otc-overnight.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
Media Inquiries:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
I'm thinking it'll bring more volume across the board.
Won't affect us imo, OTC needs to reverse the damage they did.
What's your thoughts on OTC Market's evening trading hours?
Looks like some changes are coming to the OTC market:
https://www.otcmarkets.com/stock/OTCM/news/OTC-Markets-Group-Introduces-Overnight-Trading?id=440607
It's time for it for sure lol
Could be, time will tell :)
Awesome moves on GME and AMC! I'm hoping some that $$$$ flow brings life back to the OTC:)
GM b rich...have yourself a great day and weekend ahead.
Good morning! Friday already lol! Have a good weekend:)
GM b rich...it may be a good thursday 👍
Good morning CT and all!
Good morning bud! I'm ready to see some movers:)
Sounds good to me! I'll be busy counting mine as well lol!
You're invited to help me count my gold nugget shrimpers when the boat comes in...lol
Lol...we can always count yours!
Darn, I was going to offer to help you count...lol
Good morning CT! lol, no gold to count! Just watching paint dry for now.
GM b rich...watcha doing...counting your gold ?
Absolutely agree.
Good morning CT! Time for a good $$$$ week:)
I know I'm sick of it along with many others. Things better start turning the other way or there may not be anyone left to play lol!
GM b rich...you said it all, brother.
Good morning! The OTC market just sucks these days. Unreal how these stocks have been beaten to a pulp!
$TKMO SO UNDER VALUED STOCK
By end of December 2023
ASSETS: $3,914,178
REVENUES: $2,691,950
Good morning CT and all!
You too b rich.
$IVDN (16 million float) has reported the company is already about to exceed all of last year's revenue even at this early point in 2024. This accelerating sales growth, coming from many new customer accounts, demonstrates that IVDN is nicely gaining market share as the superior benefits of Insultex are becoming more well known. This positive trend should only continue in 2024, especially with the new building codes going into effect this year which Insultex meets and many competitors do not.
----------------------------------------------------------------------------------------------
PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap®. This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.
News Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html
Check out $IDGR .................
A team of Top Guns has started new company: $IDGR (Ideal Group of Companies Inc.)
Current Price: .06
These guys (Charles Cardona, David Weintraub, Robert Egeland) will be moving assets into the company which will show up in the next quarterly, due in a week or so.
After that, the company will grow fast...........expect the share price to follow.......
OS: 36M
Float: 13M
Website: https://idealgroupcorp.com/
Z
Thanks Zardiw:)
Good morning PBS! Time for a great week:)
gm and thanks CT:)
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