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Published on 10/24/2016 in the Prospect News Structured Products Daily.

OTC Markets Group announces launch of OTCQX Canada index

By Tali Rackner

Norfolk, Va., Oct. 24 – OTC Markets Group Inc. announced the launch of the OTCQX Canada index, a performance-based benchmark for Canadian companies on the OTCQX Best Market, according to a press release.

The index is intended to highlight for investors the diversity of high-quality Canadian companies that meet the high financial, disclosure and corporate governance standards required to trade on the OTCQX market. These include both large and small companies that represent a wide range of industries from metals and mining to life sciences and biotechnology.

"The OTCQX market is home to more than 120 high-quality, investor-focused Canadian companies you won't find on the U.S. exchanges," OTC Markets executive vice president Jason Paltrowitz said in the release.

"With the launch of our OTCQX Canada index, investors can now better identify and track the performance of these companies over time."

New York-based OTC Markets Group is the operator of Open, Transparent and Connected financial marketplaces.


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