PFTS obliges members to report OTРЎ deals in listed stocks

The PFTS Council decided on May 26 to oblige members to report OTC transactions in listed stocks (including deals with non-members of the PFTS). OTC deals must be reported the day after a transaction is concluded. The respective function was built-in to the recently updated version of BTrader, the PFTS’ online trading tool. Concorde Capital: This obviously positive decision will provide a clearer picture of the market’s true size and liquidity (currently OTC transactions exceed 80-90% of the total trading volumes). Additionally, inclusion of OTC deals into calculations of brokers’ ratings, should it be done by the PFTS, will provide a better understanding of the market’s competitive landscape.