OTC Markets Group Approves Keefe, Bruyette and Woods as Corporate Broker for
NEW YORK, May 19, 2014
NEW YORK, May 19, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM),
operator of financial marketplaces for 10,000 U.S. and global securities,
today announced it has approved Keefe, Bruyette and Woods, Inc. ("KBW"), a
full-service, boutique investment bank and broker-dealer and wholly owned
subsidiary of Stifel Financial Corp. (NYSE: SF), as a Corporate Broker for
OTCQX® Banks, a new public marketplace for U.S. community and regional banks.
(Logo - http://photos.prnewswire.com/prnh/20110118/MM31963LOGO )
As a Corporate Broker, KBW can advise U.S. banks and thrifts on OTCQX Banks
and provide access to institutional investors, trading expertise and wealth
management services. Banks are required to appoint a Corporate Broker to join
"We are pleased to approve KBW as a Corporate Broker for banks on our OTCQX
marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets
Group. "With more than 50 years' experience providing research, sales,
trading, capital raising and advisory support to the financial services
sector, KBW will be an excellent addition to our team of Corporate Brokers.
We look forward to working with KBW as we build a robust public market for
community banks and thrifts."
"KBW fully supports a marketplace for small U.S. banks and thrifts and we are
excited to serve as a Corporate Broker. As a leading trader of financial
services securities, we look forward to working with OTC Markets to help meet
the unique needs of these investors," said John Ragan, Director of Equities at
KBW is a full-service, boutique investment bank and broker-dealer that
specializes in the financial services sector. It operates in North America
and Europe, providing institutional & private investors and financial services
companies with research, equity sales & trading, capital raising, and
strategic advisory services. The firm has built a reputation for excellence
in financial services on the basis of its research platform, senior
professionals, track record of market innovation, and the strength of its
execution capabilities. KBW is a subsidiary of KBW LLC, a Stifel company.
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
Stage 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,
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated
Subscribe to the OTC Markets RSS Feed
SOURCE OTC Markets Group Inc.
Contact: Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428,
Press spacebar to pause and continue. Press esc to stop.