OTC Markets Group has launched the OTCQX Billion+ Index (OTCQXBIL), a new benchmark for tracking the performance of global OTCQX companies whose market capitalization is greater than $1 billion.
Presently, the OTCQX Billion+ Index is comprised of 71 large-cap companies from 21 countries. The index “provides investors a way to easily identify and track the performance of the many large-cap, strongly capitalized, and investor-friendly companies that trade on OTCQX, our best marketplace for established companies.”
The OTCQX Billion+ Index is market capitalized-weighted and calculated on a total return and price return basis. To be eligible, companies must trade on OTCQX and meet a minimum liquidity screen. Index data is priced in real-time and is available on the OTC Markets Group website, www.otcmarkets.com, as well as major financial data services and websites such as Bloomberg, Reuters and FT.com.
The OTCQX Billion+ Index is just one of numerous indexes OTC Markets has launched over the past year, including:
· OTCQX Composite Index (OTCQX)
· OTCQX International Index (OTCQXINT)
· OTCQX U.S. Index (OTCQXUS)
· OTCQX Banks Index (OTCQXBK)
· OTCQB Venture Index (OTCQB)
· OTCM QX ADR 30 Index (OTCQX30)
· OTCM ADR Index (OTCDR)
For more information visit www.otcmarkets.com