Any FINRA-registered broker or dealer in good standing may subscribe to ArcaEdge to ease trade reporting responsibilities for orders executed on our platform.
Speed, transparency, and tremendous liquidity make ArcaEdge your preeminent choice for over-the-counter (OTC) stock executions. In addition to the best prices, consistent, reliable order matching, and intelligent order-routing tools, ArcaEdge offers traders the flexibility to customize your business. Access and display your orders succinctly in the OTC Montage, or view all orders in the sophisticated, interactive, real-time ArcaEdge Book. Choose between anonymous or attributed quote representation, and access a wide array of order types, including market, limit, stop and reserve orders.
ArcaEdge maintains an electronic file to display and match orders, which are handled using three processes.
ArcaEdge subscribers may enter a variety of Order Types. All OTC orders are displayed and executed on capacity/price/time priority.
Posted orders that add liquidity to the ArcaEdge book carry no execution costs, and all other orders are competitively priced.
Broker-dealers must complete agreements trade on ArcaEdge.