Metso Corporation Joins OTCQX
NEW YORK, Oct. 2, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Metso Corporation (OTCQX: MXCYY; OMX: MEO1V), a global supplier of technology and services to customers in the process industries, has chosen to have its American Depositary Receipts (ADRs) traded on the highest OTC marketplace, OTCQX®.
Metso began trading today on the OTC market's prestigious tier, OTCQX International Premier. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
"OTCQX companies demonstrate their commitment to providing timely and transparent information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Metso to OTCQX."
BNY Mellon will serve as Metso's Depositary Bank and Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Metso Corporation
Metso Corporation (OTCQX: MXCYY; OMX: MEO1V) trades in the United States on OTCQX under the symbol "MXCYY", where each ADR represents 1 ordinary share. Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Their 30,000 professionals based in over 50 countries deliver sustainability and profitability to customers worldwide.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for investors to easily trade almost 10,000 equity and debt securities through the broker of their choice. Our OTC Link® ATS directly links a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into tiered marketplaces to inform investors of opportunities and risks - OTCQX® - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace. Our data-driven platform enables efficient trading through any broker at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create smarter financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC registered ATS.
SOURCE OTC Markets Group Inc.