Tesco has joined the growing list of UK firms to begin trading on the OTC market in the US.
The retailer’s shares will be available to US investors directly on the OTCQX Best Market in New York, a trading platform that will allow Tesco to offer its shares to American investors.
The move by the grocer follows a trend among major British firms, including the London Stock Exchange Group, insurer Aviva and FMCG company Reckitt Benckiser, which all joined the platform in 2025.
The OTCQX market is operated by OTC Markets Group, and allows companies to offer their shares to US investors while keeping their primary listing at home and avoiding a full listing on major American exchanges. The regulated “over-the-counter” market allows shares to trade directly between stockbrokers, instead of an exchange floor.
The platform said in a statement: ”OTC Markets Group Inc, operator of regulated markets for trading 12,000 US and international securities, announced that Tesco Plc has qualified to trade on its OTCQX Best Market, giving US investors fully transparent access to one of the UK’s largest grocery retailers.
“Tesco’s debut reflects a broader shift among Europe’s most established companies towards OTCQX as the preferred way to deepen engagement with US investors.”
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