News Focus
News Focus
Followers 84
Posts 10865
Boards Moderated 1
Alias Born 09/19/2002

Re: fourkids_9pets post# 303947

Friday, 06/14/2019 11:23:30 AM

Friday, June 14, 2019 11:23:30 AM

Post# of 312101
OTCX is not 'signed off'....

Maybe a little knowledge will help understanding:


What is OTCX?

OTCX is the Market Participant ID (MPID) for OTC Link ECN.

Can individual investors directly access the OTC Link ECN?

No. The ECN is only available to registered broker-dealers that
subscribe to OTC Link ECN, either through OTC Dealer or various
connectivity providers.

Why is OTCX now present in Real-Time Level 2 Quote Montages?

Broker-dealer orders that aren’t matched on OTC Link ECN are
routed or displayed as quotes on OTC Link ATS using the MPID OTCX.

Does OTC Link ECN have a position in the stocks traded under the
OTCX MPID?

No. OTCX is used to display broker-dealer quotes as described
above. OTC Link ECN has no proprietary trading, is not a market
maker and does not hold a position in the securities represented
using the MPID OTCX.



As for the "U"....


OTCX showing U indicates an Unpriced quote. Unpriced quotes are
an indication of interest (IOI) in a security used when a trader
does not wish to show a price or size. Unpriced, name-only quotes
are also used as the other side of a one-sided, priced quote.
Unpriced bids never have a quote size associated with them:

https://www.otcmarkets.com/files/market-data-display-requirements.pdf


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y