OTC Markets Group Inc. Expands Global Footprint in Europe with Opening of London Office; Appoints Jonathan Dickson as Vice President, Corporate Services
January 07, 2019 at 12:00 pm
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OTC Markets Group Inc. announced the opening of its new subsidiary, headquartered in London, as part of a broader strategy to meet the needs of European issuers looking for cost-effective solutions to access the U.S. Capital Markets. This expansion underscores the success of OTC Markets internationally, with over 2,000 companies from 30 global markets, including London, Frankfurt and Paris, trading on OTC Markets. As transparency and targeting U.S. investors becomes increasingly important to foreign issuers, cross-trading provides global companies already listed on international exchanges with a well-regulated way to strengthen U.S. visibility and tradability without the complexity and cost of a U.S. exchange listing.
To coincide with opening of the London office, Jonathan Dickson has joined as Vice President, Corporate Services and will report to Jason Paltrowitz. As part of a broader focus to help issuers globalize their investor relations outreach and emphasize best practices, Jonathan will help European issuers navigate the U.S. capital markets.
OTC Markets Group Inc. operates regulated markets for trading 12,000 United States and international securities. The Companyâs three public markets include OTCQX Best Market, OTCQB Venture Market and Pink Open Market. It operates three business lines: OTC Link, Market Data Licensing, and Corporate Services. Its wholly owned subsidiary, OTC Link LLC, operates OTC Link ATS, OTC Link ECN, and OTC Link NQB, each a Securities and Exchange Commission (SEC)-regulated alternative trading system (ATS). Market Data Licensing distributes market data and financial information. Corporate Services operates the OTCQX and OTCQB markets and offers issuers disclosure and regulatory compliance products. It provides critical infrastructure to the United States financial markets, connecting brokers, organizing markets, and incentivizing disclosure. Its market data provides price transparency, assists regulated entities in meeting their compliance obligations, and enables informed investment decisions.
OTC Markets Group Inc. Expands Global Footprint in Europe with Opening of London Office; Appoints Jonathan Dickson as Vice President, Corporate Services