OTC Markets Group Inc. (OTCM), operator of the OTCQX, OTCQB and Pink financial markets for 10,000 U.S. and global securities, today announced it has added Silexx Financial Systems, a leading developer of professional trading, analytics and risk management systems, as a distributor of OTC Markets' real-time Level 1 and Level 2 market data.
As a result of this agreement, Silexx's buy-side and sell-side clients, including professional traders, hedge funds and investment advisors, will have access to real-time best bid and offer (BBO) pricing, market participant and trader information for 10,000 OTCQX, OTCQB and Pink securities. In addition, OTC Markets' real-time Level 1 and Level 2 quote data provides unique security information, including OTC market designation, security type and Caveat Emptor status.
"We're thrilled to add Silexx to our growing list of distributors of OTC Markets' real-time Level 1 and Level 2 market data," said Matthew Fuchs, Executive Vice President of Market Data and Strategy at OTC Markets Group. "Our Level 1 and Level 2 information will provide Silexx clients a complete actionable data-set to aid in their trading and investment decision-making."
"Silexx, in its continued effort to provide the premier broker-neutral and multi-asset class execution, analytics and risk management solution, is constantly looking to add actionable and relevant data and content to its offering. We are excited to offer OTC Markets Level 1 and Level 2 data to our clients to satisfy the rapidly increasing demand," said Thomas Frey, President of Silexx Financial Systems.
OTC Markets Group provides mission-critical quote and trade data, as well as company and security information on OTCQX, OTCQB and Pink securities to the trading, investment, legal and regulatory communities. The Company's data products include real-time data, end-of-day data, historical quote data, company financial data, security master data, corporate reference data and compliance data. OTC Markets Group also provides data through leading market data redistributors.