OTC Markets Group - Gaining domestic and international traction
OTC Markets Group’s (OTCM’s) Q318 results showed sound revenue growth, a pick-up in corporate client numbers and a further increase in the number of states granting Blue Sky recognition. The data-driven transparency and cost-effective proposition of OTCM’s premium markets can be seen to be gaining traction and we have increased our estimates. While fluctuations in market conditions may affect quarterly progress, the long-term scope for increased penetration of international and domestic companies could provide the basis for further estimate increases.
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