NEW YORK, July 24, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM) is pleased to congratulate Cryoport, Inc., a provider of global frozen shipping services, on its graduation to NASDAQ from the OTCQB® Venture Market.
In the past 12 months on OTCQB, Cryoport's average daily dollar volume has increased 55%.
"Cryoport's graduation to NASDAQ is tribute to the company's management, their ability to execute on the company's growth plan and maximize its trading on OTCQB," said Jason Paltrowitz, Executive Vice President - Corporate Services of OTC Markets Group. "Our OTCQX and OTCQB markets offer developing companies a public platform for growth while maintaining a level of transparency with investors. We are proud to have supported Cryoport in its development as a public company and wish it continued success as it takes this next step."
OTC Markets Group is the global leader in exchange graduates, advancing 83 companies to the New York Stock Exchange, NASDAQ and NYSE MKT in 2014. Approximately 400 additional companies have graduated from the markets in the past four years.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities. Through our OTC Link® 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 markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the OTC Pink® Open Market. 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 markets, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
SOURCE OTC Markets Group Inc.