NEW YORK, March 7, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced IEG Holdings Corporation (OTCQX: IEGH), a provider of online unsecured consumer loans, has qualified to trade on the OTCQX® Best Market. IEG Holdings upgraded to OTCQX from the OTCQB® Venture Market.
IEG Holdings begins trading today on OTCQX under the symbol "IEGH." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to congratulate IEG Holdings on its graduation to our OTCQX Best Market which will help the company increase its visibility with investors and distinguish itself among the most established, investor-focused U.S. and international companies trading on our markets," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group.
"IEGH is pleased to have met the stringent financial and corporate governance criteria to be upgraded to the OTCQX market, which is another key step in the growth of the company," said Paul Mathieson, IEG Holdings' Chairman and CEO.
Legal & Compliance, LLC serves as IEG Holdings' OTCQX Advisor, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
IEG Holdings provides online unsecured consumer loans under the brand name "Mr. Amazing Loans" via its website, www.mramazingloans.com, in 17 U.S. states. The company offers $5,000 personal loans over a five year term at 23.9% to 29.9% APR. IEG Holdings plans future expansion to a total of 25 U.S. states.
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 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.
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