OTC Markets Group Congratulates Altisource Asset Management on NYSE
MKT Listing
NEW YORK, Sept. 12, 2013
/PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM)
congratulates Altisource Asset Management Corp. on its approval to
list on the New York Stock Exchange's NYSE MKT. Altisource is
moving to the NYSE MKT from OTC Markets Group's OTCQX® marketplace,
the best marketplace with qualified companies.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
"We congratulate Altisource on its NYSE MKT listing, the fifth
company to graduate from OTCQX to the New York Stock Exchange and
NASDAQ so far this year," said R. Cromwell
Coulson, President and CEO of OTC Markets Group.
"OTCQX is the best informed, most efficient marketplace for U.S.
and global companies not trading on a U.S. exchange. As such,
it continues to be a springboard for high-quality U.S. and global
growth companies that want to execute their business plans and grow
into a national stock exchange listing. We look forward to
nurturing more U.S. companies like Altisource that seek to maximize
the value of public trading of their shares."
"The OTCQX has provided an excellent trading venue for our
shares," said Ashish Pandey, CEO of
Altisource Asset Management Corp. "We greatly appreciate the
support that the OTC Markets Group has provided to AAMC."
Kramer Levin Naftalis & Frankel
LLP served as Altisource's Designated Advisor for Disclosure
("DAD") on OTCQX, in which it provided professional guidance on
OTCQX requirements and U.S. securities laws.
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 with
Qualified Companies; OTCQB®, The Venture Stage Marketplace with
U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with
Variable Reporting Companies. 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.
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SOURCE OTC Markets Group Inc.