NEW YORK, June 27, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Virginia Partners Bank Fredericksburg VA (OTCQX: PTRS), a commercial bank with branches in Virginia and Maryland, has qualified to trade on the OTCQX® Best Market.
Virginia Partners Bank begins trading today on OTCQX under the symbol "PTRS." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"OTCQX enables well-managed and shareholder-friendly community banks to build their profile with investors by trading on a transparent market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Virginia Partners Bank joins the growing group of community banks that choose to trade on OTCQX to provide investors with convenient access to the company's news and financial disclosure and demonstrate their financial standards."
"Trading on OTCQX is an important and exciting step for the Bank. This will provide our shareholders with greater liquidity, open up our stock to a broader audience, and increase the visibility of our company," said Lloyd B. Harrison, III, president and CEO. "It is part of the Bank's deliberate strategy to position itself for growth."
Virginia Partners Bank was sponsored for OTCQX by FIG Partners, a qualified 3rd party firm responsible for providing guidance on OTCQX requirements and recommending membership.
Virginia Partners Bank is a commercial bank organized for the purpose of serving the banking needs of small and medium sized business and their owners and employees, real estate investors and developers, and professionals and their practices. Virginia Partners Bank has three branches in Fredericksburg, Virginia. In Maryland, the bank trades under the name Maryland Partners Bank and operates a full service branch and commercial banking office in La Plata, and Loan Production Office in Annapolis.
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.
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SOURCE OTC Markets Group Inc.