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Re: sirius22 post# 27094

Tuesday, 03/30/2021 10:20:44 AM

Tuesday, March 30, 2021 10:20:44 AM

Post# of 31723
OTC Link ECN (electronic communications network) functions as a matching engine and router for certain OTC securities. OTC Link ECN compliments OTC Link ATS (alternative trading system) by providing FINRA registered broker-dealer subscribers with anonymous order matching functionality. OTC Link ECN acts as an agency intermediary in relation to all transactions executed on the ECN’s platform.

When orders do not match internally on OTC Link ECN’s matching engine, they are routed to an interdealer quotation system where they may appear as quotes using the market participant identifier “OTCX”.

Pursuant to applicable FINRA (Financial Industry Regulatory Authority) rules, OTC Link ECN submits trade reports to FINRA’s OTC 10 Reporting Facility. All transactions executed on OTC Link ECN are cleared and settled pursuant to a clearing agreement with Apex Clearing Corporation.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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