NEW YORK, Nov. 18, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Blackhawk Bancorp, Inc. (OTCQX: BHWB), the bank holding company for Blackhawk Bank, has qualified to trade on OTCQX®, the best marketplace.
Blackhawk Bancorp begins trading today on OTCQX under the symbol "BHWB." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are proud to welcome Blackhawk Bancorp, our 27th bank to join the OTCQX family of companies," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "OTCQX provides community banks with a shareholder-friendly trading experience through peer benchmarking, dedicated capital market support and increased visibility. We look forward to working with Blackhawk Bancorp and other OTCQX banks and bank advisors as we continue to build a robust, transparent trading market for U.S. community banks and thrifts."
"We are pleased that Blackhawk Bancorp was approved to trade on the OTCQX marketplace," said Todd James, the Blackhawk Bancorp's Chief Financial Officer. "The increased visibility and transparency of the marketplace is expected to increase the liquidity of our shares and ultimately improve shareholder value. The transparency of the OTCQX marketplace is consistent with the corporate governance and reporting practices already being followed by Blackhawk."
FIG Partners LLC serves as Blackhawk Bancorp's Corporate Broker on OTCQX.
Blackhawk Bancorp is headquartered in Beloit, Wisconsin and is the parent company of Blackhawk Bank, which operates eight banking centers in south central Wisconsin and north central Illinois, along the I-90 corridor from Belvidere, Illinois, to Janesville, Wisconsin, serving individuals and small businesses, primarily with fewer than 200 employees.
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 better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, 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.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
SOURCE OTC Markets Group Inc.