OTC Markets Group Inc. operates the world's largest electronic interdealer quotation system for broker-dealers to trade unlisted securities. We organize the OTC marketplace into three tiers based on the level of disclosure companies choose to provide to investors: OTCQX, OTCQB and OTC Pink.
OTCQX
The Quality-Controlled Marketplace
167 Companies are listed on OTCQX
OTCQX is the top tier of the OTC market. Exclusively for companies that meet the highest financial standards and undergo a qualitative review. Investor focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers.
OTCQB
The U.S. Reporting Company Marketplace
3868 Companies are listed on OTCQB
OTCQB is the middle tier of the OTC market. OTCQB companies are reporting with the SEC or a U.S. banking regulator, making it easy for investors to identify companies that are current in their reporting obligations. There are no financial or qualitative standards to be in this tier.
OTC Pink
The Speculative Trading Marketplace
5916 companies are listed on OTC Pink
OTC Pink is the third tier of the OTC market. OTC Pink is the speculative trading marketplace that has no financial standards or reporting requirements. OTC Pink companies choose the level of information they provide to investors and may have current, limited or no public disclosure.