Trading OTCBB and Pink Sheet Stocks
Why active traders choose SpeedTrader?
SpeedTrader supports trading for most OTC-Over-the-Counter-Stocks
- Penny Stocks
- OTCBB
- Pink Sheet
- CE - Caveat Emptor
- Expert Market
- Grey Market
Trade up to
1,000,000 shares
$4.49 per trade
_______________
$.0001 per share
routing fee for OTC stocks
priced under $1 on OTCX Link
_______________
SpeedTrader Mobile App
- Reliable
- Easy to Use
- Low Cost
- Android or Apple
What is a “penny stock” and why is it different?
A penny stock is generally used when referring to stocks under $5 per share that trade “Over-The-Counter”.
What is “Over-The-Counter”?
A stock that trades “Over-The-Counter” is not listed on a US Stock Exchange (NYSE or Nasdaq), but trades on the OTC Markets.
Tiers of OTC Markets
OTC markets are divided into three markets, the OTCQX, OTCQB, and OTC Pink. Some stocks are given a further designation of Caveat Emptor (CE), Grey market and Expert Market.
| OTC Market Tiers | Types of Companies | Listing Requirements |
|---|---|---|
| OTCQX International | Companies listed on an international exchange. No penny stocks, shell companies, or in bankruptcy. | Current regulatory disclosures. |
| OTCQX U.S | Qualified smaller and growth companies. No penny stocks, shell companies, or in bankruptcy. | Current regulatory disclosures; Bid test. |
| OTCQB | Entrepreneurial and development stage U.S. and international companies. Not in bankruptcy. | Bid test. |
| OTC Pink | Companies of all development stages, including penny stocks, shell companies, and companies in bankruptcy. | Low disclosure requirements. |
|
Expert Market Grey Market |
Read OTC Markets “Understanding the Expert Market” | Rule 15c2-11, companies that do not make current information publicly available under the rule will shift to the Expert Market. Quotes in the Expert Market will be “Unsolicited Only.” |
| Caveat Emptor | Read OTC Markets “Caveat Emptor Policy” | OTC Markets Group designates certain securities as 'Caveat Emptor' and places a skull and crossbones icon next to the stock symbol to inform investors that there may be reason to exercise additional care and perform thorough due diligence before making an investment decision in that security. |
No information provided by SpeedTrader, directly or indirectly, should be considered a recommendation or solicitation to adopt any particular trading or investment strategy, or to invest in, or liquidate, a particular security or type of security. Information provided by SpeedTrader on its Twitter, Facebook or Blog pages is for informational and educational purposes only and is not intended as a recommendation of any particular security, transaction or strategy. Commentary and opinions expressed are those of the author/speaker and not necessarily those of SpeedTrader. SpeedTrader does not guarantee the accuracy of, or endorse, the statements of any third party, including guest speakers or authors of commentary or news articles. All information regarding the likelihood of potential future investment outcomes are hypothetical. Future results are never guaranteed. Any examples that discuss potential trading profits or losses may not take into account trading commissions or fees, which mean that potential profits could be lower and potential losses could be greater than illustrated in any example.