OTC Markets Group Names Neal Wolkoff and Louisa Serene Schneider to the Board of Directors

NEW YORK, Sept. 11, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that its Board of Directors has elected Neal Wolkoff and Louisa Serene Schneider to the Board.

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"We are delighted to welcome Neal and Louisa to the OTC Markets Group Board," said R. Cromwell Coulson, CEO and President. "We will benefit from Neal's vast experience leading U.S. stock exchanges combined with Louisa's expertise in financial services and business academia. We look forward to their independent leadership and knowledgeable advice as we work together to strengthen our operations and improve our marketplaces."

On September 5, 2012 the Board voted to fill its previously vacant seat and increase the number of directors from 5 to 6. Mr. Wolkoff and Ms. Serene Schneider will fill the resulting two vacancies.

Neal Wolkoff is a former executive of three exchanges, and an attorney focusing on futures and securities markets, exchanges, market regulation, operations and clearinghouses. Mr. Wolkoff is presently employed as Of Counsel at the firm Richardson & Patel, LLP.  Mr. Wolkoff is also an independent business consultant. From 2008 to February 2012, Mr. Wolkoff was the Chief Executive Officer of ELX Futures, L.P. From 2005 to 2008, he served as Chairman and Chief Executive Officer of the American Stock Exchange (AMEX).  Prior to the AMEX, Mr. Wolkoff was an executive officer at the New York Mercantile Exchange (NYMEX) from 1981 to 2003, over time serving as Acting President, Chief Operating Officer, and Senior Vice President for Regulation and Clearing. From 1980 to 1981, Mr. Wolkoff was employed as an Honors Program Trial Attorney in the Division of Enforcement of the Commodity Futures Trading Commission.

Mr. Wolkoff received a B.A. from Columbia University and a J.D. from Boston University School of Law.  Neal is a member of the Bar of the State of New York.

Louisa Serene Schneider is the Senior Director for the Heilbrunn Center for Graham & Dodd Investing at Columbia Business School, responsible for all operational aspects of the school's value investing activities including maintaining and developing new programs and initiatives surrounding the Graham & Dodd tradition at Columbia.  Ms. Serene Schneider has taught in Columbia's Executive Education course on Value Investing since 2010.  Prior to her work at Columbia, from 2000 to 2008 Ms. Serene Schneider was employed by Morgan Stanley and JPMorgan in several departments, including Mergers & Acquisitions, Fixed Income Research, and Trading.

Ms. Serene Schneider received a B.S. from Dartmouth College in Political Science and French and an M.B.A. from Columbia Business School.

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.

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SOURCE OTC Markets Group Inc.