Friday 8 September 2023

OTC MARKETS EXPANDS COLLABORATION WITH TRADING PLATFORM MOOMOO

KUALA LUMPUR, Sept 7 (Bernama) -- OTC Markets Group Inc announced an expanded agreement with moomoo, a trading platform by Moomoo Technologies Inc, that provides professional trading experience with advanced technical analysis, in-depth market data and an active online community.

According to OTC Markets in a statement, this collaboration increases the availability of data on OTC equity securities to moomoo investors in the United States (US).

“We are excited to see our collaboration with moomoo and its sister companies expands across other key markets in Asia, the US and Australia.

“OTC Markets real-time data provides moomoo users with actionable information on more than 12,000 equity securities, including more than 3,000 Asian cross-traded securities, during US market hours,” said OTC Markets Executive Vice President of Market Data and Strategy, Matthew Fuchs.

Meanwhile, Moomoo Technologies Inc Vice President of Strategy, Justin Zacks said: “Collaborating with OTC Markets Group, we are able to provide investors with timely and comprehensive information, lower the barrier of investing and fulfill the demands of various investors.”

OTC Markets first collaborated with moomoo’s sister brand in Hong Kong in 2018 and then the collaboration deepened as it expanded to include business with more of moomoo’s affiliates in Australia, Singapore, Japan and Malaysia.

With this new agreement, moomoo’s US users now have convenient access to Real-Time Level 1+ top of book quote data for OTCQX, OTCQB and Pink securities to assist in trading and investment decision-making.

The group’s Market Data business provides mission-critical data to broker-dealers, compliance and risk management teams, in which as the primary market operator, it delivers the most comprehensive, contextual, real-time and analytical data.

-- BERNAMA

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