What Is an Autoquote?
The automatic quote system is a computer information system that runs on the OTC. In 1971, the American company Bunker Ramo manufactured an automatic quote system. Installed in Trump, Connecticut, this is the National Association of Securities Dealers Automatic Quotation System. The establishment of the system ended a long history of manual reporting. The National Association of Securities Dealers' Automated Quotation System stores information on approximately 3,700 OTC stocks and approximately 500 market creators. [1]