Jason Paltrowitz, Executive Vice President of OTC Markets, joined Richard Carleton, CEO of the Canadian Securities Exchange (CSE), and Sarah-Louise Porter from the Aquis Exchange, in a discussion with Proactive about the importance of cross-listing during the Global Markets Forum in New York.
Paltrowitz emphasized that 92% of the dollar volume on OTC Markets comes from non-U.S. companies, showcasing the importance of helping these firms access U.S. capital without the complexities of major exchange listings. He highlighted that cross-listing is particularly beneficial for early-stage and venture companies, as it offers access to U.S. investors while avoiding the high regulatory costs of larger exchanges.
Richard Carleton echoed these sentiments, noting that cross-listing with OTC Markets is essential for Canadian companies seeking U.S. and global exposure, especially in today’s difficult capital-raising environments.
Sarah-Louise Porter added that Aquis Exchange’s goal is to create more efficient markets, aiding companies in navigating the challenges of global market conditions. The discussion emphasized the role cross-listing plays in corporate growth strategies and connecting global markets.