NEW YORK, July 31, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial marketplaces for 10,000 U.S. and global securities, today announced it has approved Sandler O'Neill + Partners, L.P., a full-service investment banking firm, as a Corporate Broker for banks on OTCQX(R), the best marketplace.
As a Corporate Broker, Sandler O'Neill can advise U.S. banks and thrifts on OTCQX and provide access to institutional investors and trading expertise. Banks are required to appoint a Corporate Broker to join OTCQX.
"Sandler O'Neill's 26 years of experience serving financial services companies and its comprehensive suite of services, including investment banking, equity trading and sales, fixed income trading and sales, and research will make them a tremendous asset to banks on our OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We are pleased to approve Sandler O'Neill as a Corporate Broker and look forward to working with them as we build a robust, transparent trading market for community and regional banks and their shareholders."
"We are happy to be named a Corporate Broker for banks on OTCQX," said Jonathan Doyle, Senior Managing Principal of Sandler O'Neill. "We have deep, decades-long relationships with banks and institutional investors and embrace this new role in building a strong, vibrant market for them."
Sandler O'Neill is a full-service investment banking firm dedicated to providing comprehensive, innovative advisory and transaction execution services to the financial industry. The firm provides the full suite of investment banking services, including merger and acquisition advisory, capital markets, fixed income and equity trading and sales, equity research, balance sheet management, mortgage finance, and consulting services to financial institutions and their investors.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link(R) ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX(R), The Best Marketplace; OTCQB(R), The Venture Stage Marketplace; and OTC Pink(R), The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice 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 better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
SOURCE OTC Markets Group Inc.