NEW YORK, Dec. 8, 2014 /PRNewswire/ – OTC Markets Group Inc. (OTCQX: OTCM), user of Open, Transparent and Connected financial marketplaces, currently announced IG Group Holdings Plc. (LSE: IGG; OTCQX: IGGHY), a tellurian personality in online trading, has competent to have a American Depositary Receipts (ADRs) trade on OTCQX®, the best marketplace for established, tellurian and expansion companies.
IG Group starts trade currently on OTCQX underneath a pitch “IGGHY,” where any ADR represents 1 typical share. U.S. investors can find stream financial avowal and Real-Time Level 2 quotes for a association on www.otcmarkets.com.
“We are gratified to acquire IG Group, a FTSE 250 company, to a OTCQX marketplace,” pronounced R. Cromwell Coulson, President and CEO of OTC Markets Group. “By fasten OTCQX, IG Group ensures U.S. investors will have pure trade and available entrance to a news and avowal permitting them to some-more simply analyze, value and trade a securities. We demeanour brazen to operative with IG Group as a association continues to boost a form in a U.S. market.”
Christopher Hill, CFO of IG Group commented, “We are gay to have IG Group shares trade on a OTCQX marketplace. This follows a launch of a Level 1 ADR progressing this year and demonstrates a joining to charity U.S. investors a best probable entrance to IG Group stock”.
Citi serves as IG Group’s Principal American Liaison (“PAL”) on OTCQX, obliged for providing veteran superintendence on OTCQX requirements.
IG is a tellurian personality in online trading, providing quick and stretchable entrance to over 10,000 financial markets – including shares, indices, forex, line and binaries.
Established in 1974 as a world’s initial financial widespread betting firm, IG’s aim is to turn a default choice for active traders globally. It is already an award-winning multi-platform trade company, a world’s No.1 provider of CFDs* and a tellurian personality in forex, and it launched an execution-only stockbroking use in a UK and Ireland in September 2014.
It is a member of a FTSE 250, with a marketplace capitalization of £2.4 billion (December 2014). It has offices opposite Europe, Africa, Asia-Pacific and a U.S., where it offers singular risk derivatives contracts around a Nadex brand.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: O TCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and tellurian securities. Through a OTC Link® ATS, we directly couple a different network of broker-dealers that yield liquidity and execution services for a far-reaching spectrum of securities. We classify these bonds into marketplaces to improved surprise investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven height enables investors to simply trade by a attorney of their choice during a best probable cost and empowers a extended operation of companies to urge a peculiarity and accessibility of information for their investors. To learn some-more about how we emanate improved sensitive and some-more fit financial marketplaces, revisit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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*Based on income incompatible FX, published financial statements, July 2014.
Media Contact:
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, saskia@otcmarkets.com
SOURCE OTC Markets Group Inc.
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