What does a quote in the OTC pink indicate?

In the context of over-the-counter (OTC) markets, quotes on the OTC Pink marketplace represent prices at which securities can be traded, often for less liquid or smaller-cap stocks. A quote in this marketplace typically reflects a firm price for a specific quantity of shares, which is commonly set at 100 shares.

When a quote is displayed, it indicates that the market maker is willing to buy or sell the specified number of shares at the quoted price, allowing traders to execute transactions based on that price. The nature of firm quotes means that the market maker guarantees the ability to sell or purchase the number of shares indicated at that price, which provides a measure of certainty for traders.

It's important to note that while OTC Pink quotes can vary in their requirements, the standard for many firm quotes is indeed for a round number of shares like 100. This aligns with how most trading is conducted in the equities market as it helps standardize trading increments and provides clarity for buyers and sellers.