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Bullboard - Stock Discussion Forum Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S... see more

TSX:SPB - Post Discussion

Superior Plus Corp > Can anyone explain to me SUUIF??
View:
Post by Rocet98 on Aug 05, 2024 5:14pm

Can anyone explain to me SUUIF??

Other than no volume?? 
is this SPB on USA markets??
SUUIF globe and mail quote???
Comment by Schussing56 on Aug 06, 2024 7:12am
SUUIF is the ticker symbol for the Over-the-Counter (OTC) market in the United States. It allows American traders to buy and sell shares of Superior Plus without having to go through a Canadian exchange.
Comment by bttmfischer on Aug 06, 2024 11:54am
Schussing56, I think that is the reason for the difference between the total volume posted on TMX and THE CONSOLIDATED VOLUME  posted for the same day. But as both Morgan Stanley and Goldman Sachs are America brokerage houses I am curious as to how it works.
Comment by Schussing56 on Aug 07, 2024 7:34am
OTC markets are decentralized so, it's possible that trades in specific stocks on the OTC would not be reflected on the TMX volumes. I think there are 3 levels of OTC market trading which are: OTCQX (Best Market), OTCQB (Venture Market), and Pink (Open Market). Trading is done by independent brokers and there is less regulation. OTC products are often emerging and riskier than those listed on ...more  
Comment by bttmfischer on Aug 07, 2024 9:51am
Schuss, are you suggesting that the CONSOLIDATED VOLUME is representing the total sales on all markets, incuding the TSE? If it isn't what does it mean?
Comment by Schussing56 on Aug 07, 2024 10:08am
The consolidated volume reflects daily trades made on all OTC markets, which could include, for example, the Yankee Market Exchange (YMX). This volume is aggregated from various transactions that occur outside of formal exchanges.
Comment by bttmfischer on Aug 07, 2024 10:22am
Thanks, I thought  ithat would be logical, but one cannot always rely on logic, when it comes to the sotck markets.
Comment by Rocet98 on Aug 07, 2024 10:10am
Wonder if SPB get a regular listing on USA markets?? Now that 50% revenue comes from USA???
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