Update: Wolverine, SNL, SIX Add OTC Markets Data


New York-based over-the-counter equity market operator OTC Markets has signed data distribution agreements with Wolverine Execution Services (WEX), the agency broker arm of Chicago-based trading firm Wolverine Trading, as well as data vendors SNL Financial and SIX Financial Information, expanding its potential user base among institutional traders, US community banks and European trading firms.

Officials say the increased demand reflects firms seeking new sources of alpha outside the more commod