Wednesday, October 27, 2010
ZarGhost comments on JBI's listing on OTCQX
Actually, the filing and transparency needed to qualify for OTCQX is the same as NASDAQ stocks.......and that's from the people that decide if a stock QUALIFIES for that high a tier level. JBII is at the highest level available:
The innovative OTCQX platform offers companies and their investors a level of marketplace services formerly available only on a U.S. exchange.
Why Investors Prefer OTCQX
OTCQX separates out the credible companies from the large number of economically distressed and questionable companies that trade OTC. OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards.
OTCQX is fully electronic and gives investors access through all major online and full-service brokerage firms in the U.S., including Schwab, E*TRADE, Scottrade, TD Ameritrade, and Fidelity. Trades are settled and cleared in the U.S. similar to any NASDAQ or NYSE stock and trade reports are disseminated through Yahoo, Bloomberg, Reuters, and most other financial data providers.
In addition, investors can view Real-Time Level 2 Quotes for all OTCQX companies for free on both www.otcmarkets.com and www.OTCQX.com providing access to detailed market data, including market depth.