NEW YORK, Oct. 17, 2013 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM) today announced that the OTCM ADR Index
(Bloomberg/Reuters: OTCDR; Thomson: DFCDR), the only index
exclusively tracking American Depositary Receipts (ADRs) trading on
the OTCQX®, OTCQB® and OTC Pink® marketplaces, rose 11.12% in the
third quarter 2013, to close at 1,502 on September 30, 2013, compared to the MSCI EAFE
which rose 9.86% during the same time period. The OTCM ADR
Index, which is powered by BNY Mellon DR Indices and is comprised
of more than 600 global companies from 38 countries across 10
industries, is up 12.75% year-to-date.
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)
"We are pleased with the performance with the OTCM ADR Index
which outperformed the leading MSCI EAFE Index during the quarter,"
said R. Cromwell Coulson, President
and CEO of OTC Markets Group. "ADRs offer U.S. investors the
most efficient, cost-effective tools to diversify their portfolios
internationally and there is simply no larger source than the
OTCQX, OTCQB and OTC Pink marketplaces, which are home to almost
1,500 ADRs of global blue-chip and global growth companies, 75% of
the total market."
Q3 2013 Highlights:
- Securities within the OTCM ADR Index traded $25.6 billion in Q3 2013, on par with the prior
quarter. Top performing component industries were oil and gas
(+16.73%), technology (+15.65%) and consumer services
(+13.91%).
- The top 10 most actively traded ADRs in the OTCM ADR Index by
volume during the quarter were: Allianz SE (OTCQX: AZSEY), Danone
(OTCQX: DANOY), Deutsche Telekom AG (OTCQX: DTEGY), Linc Energy,
Ltd. (OTCQX: LNCGY), Roche Holding Ltd. (OTCQX: RHHBY) and
Volkswagen AG (OTCQX: VLKAY) which trade on OTCQX, the best
marketplace for qualified companies, and Gazprom OAO (OTC Pink:
OGZPY), Lenovo Group Ltd. (OTC Pink: LNVGY), Nestle S.A. (OTC Pink:
NSRGY) and Tesco PLC (OTC Pink: TSCDY) which trade on OTC Pink and
make limited information available outside their home market.
- Sixty-seven new companies joined the index is Q3 2013, notably
AusTex Oil Limited (OTCQX: ATXDY), Dyesol Ltd. (OTCQX: DYSOY),
Invensys plc (OTCQX: IVNYY), Klabin S.A. (OTCQX: KLBAY), QRxPharma
Limited (OTCQX: QRXPY), Silex Systems Ltd. (OTCQX: SILXY) and
Yamaha Corp. (OTCQX: YAMCY) which all trade on OTCQX, and
ArcelorMittal South Africa (OTC Pink: AMSIY), Daihatsu Motor Co.,
Ltd. (OTC Pink: DHTMY), Genmab A/S (OTC Pink: GMXAY), Mitsubishi
Tanabe Pharma Corp. (OTC Pink: MTZPY), Nobel Biocare Holding AG
(OTC Pink: NBHGY) and The Sage Group plc (OTC Pink: SGPYY), which
trade on OTC Pink. Twenty-three companies were removed from
the Index during the third quarter.
The OTCM ADR Index is a rules-based index that is market
capitalization weighted, adjusted for free float, and has various
liquidity screens to ensure tradability. It is also priced in
real-time and disseminated on all electronic platforms. For a
current list of all OTCM ADR Index constituents as well as
real-time quotes, charts and data, visit the OTC Markets Group
website, www.otcmarkets.com.
For a list of market data vendors that distribute OTC Markets
Level 2+ (OTCQX, OTCQB, OTC Pink, OTC Bonds) Quotes for all 1,400+
ADRs, visit the Market Data Vendors page on OTC Markets Group's
website at
http://www.otcmarkets.com/services/market-data/market-data-vendors/overview.
Past performance does not guarantee future results.
Investors cannot invest directly in the OTCM ADR Index.
About BNY Mellon DR Indices
BNY Mellon's DR Index team provides more than 140 indices, and
there are now 19 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 with Qualified Companies; OTCQB®, The Venture
Stage Marketplace with U.S. Reporting Companies; and OTC
Pink®, The Open Marketplace with Variable Reporting Companies.
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 registered ATS.
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SOURCE OTC Markets Group Inc.