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Re: FireMechanic post# 479307

Monday, 10/29/2018 9:28:04 AM

Monday, October 29, 2018 9:28:04 AM

Post# of 797403
Maybe you should let the guy that runs the OTC know that.



“Not all investors have pre-market access to stocks traded within OTC Markets Group's (OTC: OTCM) (OTCQX: OTCM) three exchanges. Some are only allowed to trade after the market opens. This has created a degree of frustration and confusion among those who assumed that investors were able to trade whenever they wanted.

According to Cromwell Coulson, CEO of OTC Markets Group, pre-market availability is determined by the brokerage firms.

"Pre-market trading is a game for sophisticated investors because there's not as much liquidity, there's not as much price formation taking place," Coulson told Benzinga. "In many ways the pre-market trading is the market finding its price level. So many investors, and I think retail investors you'll see as well, they actually wait for the open and then come and trade because they want to see the market develop."