NEW YORK, Aug. 8, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced MetroCity Bankshares Inc. (OTCQX: MCBS), the holding company of Metro City Bank headquartered in Doraville, GA, has qualified to trade on the OTCQX® Best Market. MetroCity Bankshares upgraded to OTCQX from the Pink® market.
MetroCity Bankshares begins trading today on OTCQX under the symbol "MCBS." 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 MetroCity Bankshares to our family of investor-focused community banks and companies on OTCQX," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "OTCQX provides banks an efficient, cost-effective public market to enhance their visibility with shareholders through transparent trading, peer benchmarking and dedicated capital market support."
Hovde Group, LLC serves as MetroCity Bankshares' OTCQX Advisor.
Metro City Bank is a state chartered and FDIC insured financial institution. Metro City Bank offers a wide spectrum of financial products and services tailored to meet the needs of its customers, which include small business owners, professionals, consumers and real estate developers in its market area.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
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SOURCE OTC Markets Group Inc.