On December 14th, the Federal Reserve hiked its key interest rate by 50 basis points. This was the first deceleration in rate hike increases in 2022; between March and November 2022, the interest rate had jumped 25 basis points, 50 basis points and then 75 points four times in a row in between each Federal Reserve meeting.  

In a summary of the Federal Open Market Committee (FOMC) meeting on January 4th, 2022, the committee indicated that “A number of participants emphasized that it would be important to clearly communicate that a slowing in the pace of rate increases was not an indication of any weakening of the Committee’s resolve to achieve its price-stability goal or a judgment that inflation was already on a persistent downward path.”

In the meantime, OTC Markets Group Inc.’s (OTCQX:OTCM) markets reported a decline in total monthly volume compared to last month, recording $32.1 billion in December compared to the $36.3 billion in November. The regulated markets, however, saw a jump in trading volume in the OTCQB Venture Market. 

A Dive Into The OTCQX Best Market’s Most-Active List

The OTCQX Best Market recorded $5.1 billion in trading volume in December, a slight decrease from the $6.7 billion in trading volume in November. 

Computer Services was acquired and is no longer a publicly-listed company. 

Other notable movers:

• Wal-Mart De Mexico S.A.B. de C.V. (OTCQX:WMMVY) claimed the 16th spot on OTCQX’s Most Active list, experiencing a 207% increase in trading volume.

The OTCQB Venture Market: A “Battle” For Top 10

The OTCQB Venture Market recorded $689.4 million in trading volume in December, a slight increase from the $652.4 million in trading volume in November. 

Other notable movers include:

The OTCQX And OTCQB Top 10

Below are the top 10 most actively traded securities on the OTCQX Best Market and OTCQB Venture Market in December. 

OTCQX Top 10: 

OTCQB Top 10:  

Featured Photo by Chris Liverani on Unsplash 

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