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Tuesday, 02/18/2020 3:57:47 PM

Tuesday, February 18, 2020 3:57:47 PM

Post# of 8996
According to the OTC Markets Group, their recently launched Expert Market "is a private market to serve broker-dealer pricing and best execution needs in securities that are restricted from public quoting or trading. Restrictions can be based on issuer requirements, security attributes, investor accreditation and/or suitability risks." Prior to the adding of this new feature to the "Other OTC" Market, where BITCF also continues to trade, market makers could only exchange quotes verbally between themselves and licensed brokerage firms. Adding this new function allows broker-dealers to exclusively see one another's bid/ask/size quotes in a quotation system hidden from public view.