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OTC Markets Group Approves Raymond James Financial as Corporate Broker on OTCQX®

2014-11-18 07:00 ET - News Release

NEW YORK, Nov. 18, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities, today announced it has approved Raymond James Financial Inc. (NYSE: RJF), a leading diversified financial services company, as a Corporate Broker for banks on the OTCQX® marketplace.

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As a Corporate Broker, Raymond James can advise U.S. community and regional banks on OTCQX and provide access to institutional investors and trading expertise.  Banks are required to appoint a Corporate Broker to trade on OTCQX.

"Raymond James is a tremendous addition to our list of Corporate Brokers on OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group.  "Raymond James' expertise in trading, research and investment banking for community banks and thrifts has consistently ranked them among the world's most admired securities companies.  We look forward to working with Raymond James as we build a robust, transparent trading market for community and regional banks and their shareholders."

Raymond James Financial is a leading diversified financial services company providing private client, capital markets, asset management, banking and other services to individuals, corporations and municipalities.  Its three principal wholly owned broker-dealers, Raymond James & Associates, Raymond James Financial Services, and Raymond James Ltd., have more than 6,200 financial advisors serving in excess of 2.5 million client accounts in more than 2,500 locations throughout the United States, Canada and overseas.  Total client assets are approximately $475 billion.  Public since 1983, the firm has been listed on the New York Stock Exchange since 1986 under the symbol RJF.  

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 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, visit www.otcmarkets.com.

OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.

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Media Contact:

Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, saskia@otcmarkets.com

SOURCE OTC Markets Group Inc.

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