NEW YORK, July 17, 2014 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM) today announced the second quarter 2014
performance of the OTCM ADR Index (Bloomberg/Reuters: OTCDR;
Thomson: DFCDR) and the OTCQX ADR 30 Index (Bloomberg/Reuters:
OTCQX30; Thomson: DGCQX), powered by BNY Mellon DR
IndicesSM.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
)
The OTCM ADR Index, the only index exclusively tracking American
Depositary Receipts ("ADRs") on the OTCQX®, OTCQB® and OTC Pink®
marketplaces, rose 4.23% in the second quarter, reversing a 0.13%
decline in the first quarter. The index was up 4.1%
year-to-date.
The OTCQX ADR 30 Index, which launched on April 9, increased 3.43% in the second
quarter. The index is comprised of the 30 largest ADRs on the
OTCQX marketplace which has high financial standards, reporting
requirements and third-party sponsorship. Components of the
OTCQX ADR 30 Index include well-known global companies such as
Adidas AG (OTCQX: ADDYY), AXA (OTCQX: AXAHY), British Sky
Broadcasting Group Plc (OTCQX: BSYBY), Danone (OTCQX: DANOY) and
Roche Holding Ltd. (OTCQX: RHHBY).
"We are pleased with the positive return of the OTCQX ADR 30
Index in the second quarter," said R.
Cromwell Coulson, President and CEO of OTC Markets
Group. "OTCQX ADRs are the most established, transparent and
shareholder-friendly global companies trading on our marketplaces
and represent a tremendous opportunity for U.S. investors looking
to safely and confidently diversify their global portfolios. We
anticipate launching more new indices later this year."
Second Quarter 2014 Highlights:
- The OTCM ADR Index rose 4.23% in the second quarter and was up
4.1% year-to-date through June 30,
2014. The more than 600 ADRs within the index traded
$30 billion in the second quarter,
slightly down from the $33.86 billion
traded in the first quarter but above the prior year quarter of
$26 billion.
- The best-performing component industries during the quarter
were oil and gas (+11%), technology (+7.54%) and utilities
(+6.98%).
- Sixty-three new companies were added to the OTCM ADR Index
during the second quarter, including Nighthawk Energy Plc (OTCQX:
NHEGY), OCI N.V. (OTCQX: OCINY), Siemens AG (OTC Pink: SIEGY) and
Technicolor (OTCQX: TCLRY). Forty-four companies were removed
from the index during the quarter.
- The OTCQX ADR 30 Index rose 3.43% in the second quarter.
OTCQX ADRs within the index traded $6.4
billion during the quarter.
The OTCM ADR Index and OTCQX ADR 30 Index are rules-based
indices that are market capitalization weighted, adjusted for free
float, and have various liquidity screens to ensure
tradability. Both indices are priced in real-time and
disseminated on all major financial platforms.
For a current list of all OTCM ADR Index and OTCQX ADR 30 Index
constituents as well as real-time quotes, charts and data, visit
the OTC Markets Group website, www.otcmarkets.com.
Past performance does not guarantee future results.
Investors cannot invest directly in the OTCM ADR Index or
OTCQX ADR 30 Index.
About BNY Mellon DR Indices
BNY Mellon's DR Index team provides more than 140 indices, and
there are now 17 ETFs trading in the U.S., Canada and Korea using BNY Mellon indices as
their primary benchmarks. To learn more about BNY Mellon's DR
Indices, visit www.bnymellondrindex.com.
BNY Mellon acts as depositary for more than 2,700 American and
global depositary receipt programs, acting in partnership with
leading companies from 68 countries. BNY Mellon is committed
to helping securities issuers access the world's rapidly evolving
financial markets and delivers a comprehensive suite of depositary
receipt services. Learn more at www.bnymellon.com/dr
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent
and Connected financial marketplaces for 10,000 U.S. and global
securities. Through our OTC Link® ATS, we directly link a diverse
network of broker-dealers that provide liquidity and execution
services for a wide spectrum of securities. We organize these
securities into marketplaces to better inform investors of
opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The
Venture Stage Marketplace; and OTC Pink®, The Open Marketplace. Our
data-driven platform enables investors to easily trade through the
broker of their choice at the best possible price and empowers a
broad range of companies to improve the quality and availability of
information for their investors. To learn more about how we create
better informed and more efficient financial marketplaces, visit
www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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SOURCE OTC Markets Group Inc.
