NEW YORK, Nov. 21, 2014 /PRNewswire/ -- OTC Markets Group Inc. ( OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Royal Financial, Inc. ( OTCQX: RYFL), the holding company for Royal Savings Bank, has qualified to trade on OTCQX®, the best marketplace.
Royal Financial begins trading today on OTCQX under the symbol "RYFL." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are thrilled to welcome Royal Financial to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Qualifying to trade on OTCQX confirms Royal Financial as a well-managed, strongly-capitalized financial institution that is committed to providing transparent disclosure and trading to its shareholders."
"We are pleased to announce that Royal Financial will trade on OTCQX," said Leonard Szwajkowski, President and CEO of Royal Financial. "OTCQX provides an excellent vehicle for Royal to continue to provide transparent disclosure to investors, and we believe that it will facilitate the investing activities of our shareholders and other investors."
Keefe Bruyette and Woods, Inc serves as Royal Financial's Corporate Broker on OTCQX.
Royal Financial, Inc. was formed as a Delaware corporation to be the holding company for Royal Savings Bank. Founded in 1887, Royal Savings Bank is a community and customer oriented savings bank organized under the laws of the State of Illinois. The Bank has two offices in Chicago, IL.
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.