Core Insights - OTC Markets Group has announced the inclusion of overnight market data from MOON ATS and OTC Overnight feeds into its existing broker-dealer enterprise and per user licensing at no additional charge, enhancing the value and coverage for subscribers [1][2][3] Group 1: Market Demand and Structural Changes - There is a growing demand for around-the-clock trading driven by global investors and retail clients who expect continuous access to markets [2] - The integration of overnight data reflects a structural shift in market operations, supporting broker-dealers in their daytime and overnight business [2][3] Group 2: Licensing Changes - Broker-dealer enterprise license customers can now access MOON ATS and OTC Overnight data alongside daytime OTC equity data feeds, with unlimited display and non-display use cases covered [5] - Per user license customers can also receive the same overnight data, and those using market data vendors should contact them for integration [6] Group 3: Pricing for Standalone Licenses - For broker-dealers outside the U.S. seeking standalone overnight data licensing, OTC Markets has simplified its offerings to two options: a full depth Broker-Dealer license at $5,000 per month and a full depth Non-Display license at $4,000 per month, covering both MOON ATS and OTC Overnight Level 1 and Level 2 data [7]