Tesco has begun trading on the OTCQX Best Market in the United States, giving US investors access to shares in one of the UK’s largest grocery retailers.
The supermarket group’s ordinary shares are now available on the regulated market operated by OTC Markets Group, under the tickers TSCDY and TSCDF, alongside its primary London Stock Exchange listing.
Tesco’s move comes as a number of large European companies seek to broaden their US investor base while retaining their home market listings. In 2025, companies including London Stock Exchange Group, Aviva, Compass, Reckitt Benckiser Group, Bayer and OMV have also qualified to trade on the OTCQX Best Market.
OTC Markets Group operates trading venues for more than 12,000 US and international securities. Its OTCQX platform is designed for established companies that meet financial and governance standards but do not wish to pursue a full US stock exchange listing.
Jason Paltrowitz, executive vice-president of corporate services at OTC Markets Group, said the structure allowed companies to reach US investors while remaining listed domestically.
He said: “As globally recognised issuers look to expand their US investor base, OTCQX offers an accessible, regulated venue that complements – rather than competes with – their home exchange.”
