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Thursday, 08/26/2010 2:28:52 PM

Thursday, August 26, 2010 2:28:52 PM

Post# of 3152
OTCQB VS OTCBB Market

Market Markers are now billed participation fees by The Financial Industry Regulatory Authority (FINRA) based on the number of positions during a month on OTCBB stocks. A position is defined as any quotation that is priced or unpriced, firm or non-firm, one-sided or two-sided, or any indication of interest entered by a Market Maker in an OTCBB security.

The new OTCQB market provides one distinct advantage
you get free Level 2 quotes anytime you want and it is in REAL TIME

Other than that is the basically the same as OTCBB designation.

Basically Finra is trying to get rid of the OTCBB (http://www.finra.org/Industry/Compliance/MarketTransparency/P119958) so we will probably see all stocks at sometime on the OTCQB, but because this is a newer designation/exchange it will take time for everyone to become comfortable trading on it.


More and More OTCBB stocks move to the OTCQB designation each month. In my opinion, this is a good decision for those of us that are long. If you are looking for a quick profit then this is may be the wrong stock for you. Think about this way, Wouldnt you have wanted to be in on the ground floor when the NYSE first started up.

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