Tornado Alley (PROG)

[newmedman]

Janice made a good point too that really didn't cross my mind.. I was thinking more of big board traders and not penny stock people. A lot of that is also a drag on those large firms because they have to produce actual money for the clearing houses, regardless of the inexperience of their customers or what tier they like to deal with.

There's a lot of problems with OTC stocks that they can easily be put on the hook for until trades clear, so taking the platform away reduces their own risk. It hurts actual experienced traders that only deal in blue chips but nobody is using algorithms for those garbage penny stocks. In fact most of these places would probably rather see the OTC shut down for good.