NEW YORK, Oct. 4, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced TCEH Corp. (OTCQX: THHH), a Texas-based energy company focused on competitive energy and power generation markets, has qualified to trade on the OTCQX® Best Market.
TCEH was previously privately-held and begins publicly trading on OTCQX under the symbol "THHH." 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 TCEH to our OTCQX Market," said Jason Paltrowitz, Executive Vice President of OTC Markets Group. "Trading on OTCQX will enable TCEH to maximize the benefits of being publicly-traded by allowing its shareholders to unlock the full value of their shares in the public market and providing transparency into its news and financial disclosure - all without the pain, cost and complexity of a traditional stock exchange listing."
Gibson, Dunn & Crutcher LLP serves as TCEH's OTCQX Advisor, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
TCEH Corp. is a premier Texas-based energy company focused on the competitive energy and power generation markets through operation as the largest generator and retailer of electricity in the growing Texas market. Its integrated portfolio of competitive businesses consists primarily of Luminant and TXU Energy. Luminant generates and sells electricity and related products from the company's diverse fleet of generation facilities totaling approximately 17,000 MW of generation in Texas, including 2,300 MW fueled by nuclear power, 8,000 MW fueled by coal, 6,000 MW fueled by natural gas, and is a large purchaser of wind-generated electricity. TXU Energy sells retail electricity and value-added services (primarily through our market-leading TXU Energy™ brand) to approximately 1.7 million residential and business customers in Texas.
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
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SOURCE OTC Markets Group Inc.