OTC Markets Archives - The TRADE https://www.thetradenews.com/tag/otc-markets/ The leading news-based website for buy-side traders and hedge funds Thu, 24 Apr 2025 09:13:39 +0000 en-US hourly 1 Clear Street partners with OTC Markets to expand 24/6 trading https://www.thetradenews.com/clear-street-partners-with-otc-markets-to-expand-24-6-trading/ https://www.thetradenews.com/clear-street-partners-with-otc-markets-to-expand-24-6-trading/#respond Thu, 24 Apr 2025 09:13:39 +0000 https://www.thetradenews.com/?p=99951 The collaboration is aimed at giving clients access to multiple overnight trading venues and enhance price discovery and liquidity.

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Peter Eliades

The collaboration will see Clear Street connect to OTC Markets’ MOON ATS, allowing clients to access securities listed on major exchanges during an overnight session and use a select group of actively traded OTC equity securities in the same period through OTC Overnight.

Head of electronic execution at Clear Street, Peter Eliades said: “At Clear Street, we are giving clients more control over when and how they trade. With the growing global demand for US stocks, expanding access through MOON ATS and OTC Overnight enables clients to capture opportunities across time zones, particularly in the APAC region.”

The move is designed to give Clear Street clients access multiple overnight trading venues, enabling greater price discovery and liquidity through overnight sessions.

Read more – Clear Street partners with Blue Ocean Technologies to enable 24/6 trading

Through the collaboration, the firm has also expanded its product suite to provide greater overnight access opportunities.

“We are excited to support Clear Street’s continued modernisation of the brokerage ecosystem with expanded access to overnight trading across the spectrum of listed and OTC equities for their global client base,” said chief executive of OTC Markets Group, Cromwell Coulson.

Clear Street has been vocal in its support of extended trading hours in recent months. In March, the firm announced a partnership with Blue Ocean Technologies to expand to 24-hour, 6-day trading capabilities, in a bid to further enhance liquidity access and risk management for its global client base.

Extended trading has been a common market theme in the US as of late, and many major exchanges including Nasdaq, Cboe Global Markets and the New York Stock Exchange (NYSE) have announced plans to extend their trading hours in equities.

Read more – National Securities Clearing Corporation to extend clearing to support extended trading hours

Increased hours have also extended to clearing, and in March 2025, the Depository Trust and Clearing Corporation (DTCC) subsidiary National Securities Clearing Corporation (NSCC) announced it would increase clearing hours to support extended trading.

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]]> https://www.thetradenews.com/clear-street-partners-with-otc-markets-to-expand-24-6-trading/feed/ 0 OTC Markets to launch overnight US dollar trading https://www.thetradenews.com/otc-markets-to-launch-overnight-us-dollar-trading/ https://www.thetradenews.com/otc-markets-to-launch-overnight-us-dollar-trading/#respond Wed, 15 May 2024 12:30:44 +0000 https://www.thetradenews.com/?p=97152 New offering is the first of its kind in the over-the-counter markets; is aimed at expanding accessibility following demand from clients.

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]]> OTC Markets has set out plans to launch a new overnight US dollar trading offering in the coming months in a bid to expand accessibility to the over-the-counter markets.

Overnight trading takes place after market close and prior to the next day’s market open. Named OTC Overnight, the new offering will make OTC equity securities available for trading from Sunday through to Thursday between 8 pm and 4 am EST.

The new offering is due to launch in the second quarter and will be available on the OTC Link NQB Alternative Trading System (ATS).

The initial offering will make active securities including global brands such as Adidas and Roche eligible for trading in a night session by broker-dealer subscribers to OTC Markets’ platform in US dollars.

OTC Markets confirmed that it expects to expand the pool of securities eligible for trading in the new session in the future in line with client demand.

“We have seen an increased demand from investors, broker-dealers, and other market participants looking to access the largest financial centre in the world in their respective time zones,” said Matt Fuchs, executive vice president of market data at OTC Markets Group.

“We are uniquely positioned to make this possible and create new levels of opportunity for thousands of global equities.”

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