NEW YORK, April 21, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM) congratulates Signature Group Holdings Inc. on its listing on the NASDAQ Global Select Market. Signature graduated to NASDAQ from the OTCQX® Best Marketplace, where it has traded since 2012.
"We congratulate Signature Group Holdings on the achievement of this important milestone and are glad that our OTCQX marketplace has contributed to the company's success in the public markets," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We wish the company continued success as it takes this next step in its evolution."
"We would like to thank the OTCQX for their consistent great service and strong support since we joined in 2012. They played an important role in Signature's growth and made possible our move to NASDAQ," said Craig Bouchard, Chairman and CEO of Signature Group Holdings.
B. Riley & Co. LLC (OTCQB: RILY) served as Signature Group Holdings' Designated Advisor for Disclosure ("DAD") on OTCQX.
In 2014, 83 companies graduated from the OTCQX®, OTCQB® and OTC Pink® marketplaces to the New York Stock Exchange, NYSE MKT or NASDAQ. Recent graduates include: Contravir Pharmaceuticals Inc., Corbus Pharmaceuticals Holdings, Inc. and National Holdings Corp., which each graduated from the OTCQB Venture Marketplace to NASDAQ.
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® 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 inform investors of opportunities and risks: the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and the OTC Pink® 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.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
SOURCE OTC Markets Group Inc.