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Automating the Microcap Markets: Pink Sheets and OTC Bulletin Board Plan Non-Manual Trading

Traders Magazine, October 2000

Peter Chapman

The two distributors of automated stock quotes to over-the-counter traders are racing to be the first to debut an electronic trading system.

The development comes as surging volume on Nasdaq's OTC Bulletin Board, and on the New York-based Pink Sheets, had traders reeling earlier this year. Automated trading, they say, could help them process more trades faster. Dealers in the non-Nasdaq OTC market currently get their quotes from screens but trade by telephone.

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