If you woke up this morning and noticed that your favorite OTC stock was not trading, nor had market makers showing on Level 2 trading platforms, you are not alone. It looks as though the entire OTC Markets is experiencing a data overload issue early in trading Thursday.
This comes on the same day that the Twitter IPO is set to commence. Although likely unrelated, it is interesting the timing of the trading issues with the OTC Markets as Mortgage behemoths Fannie Mae and Freddie Mac reported profitable quarters and are expected to pay the US dividends of $8.5b and $30.4b respectively.
At the time of this post, there was not any information available on the OTC Markets website to further explain the technical issues this morning. Stay tuned...
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