NEW YORK, Aug. 11, 2011 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM), the financial information and technology
services company that provides the world's largest electronic
marketplace for broker-dealers to trade unlisted stocks, today
announced that Aperam (OTCQX: APEMY; Euronext: APAM), a global
player in stainless, electrical and specialty steel, has chosen to
have its American Depositary Receipts (ADRs) traded on the highest
tier of the OTC market, OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
)
Aperam began trading today on the OTC market's prestigious tier,
OTCQX International. Investors can find current financial
disclosure and Real-Time Level 2 quotes for the Company on
www.otcqx.com and www.otcmarkets.com.
"We are pleased to welcome Aperam as the 250th company trading
on OTCQX, the quality-controlled marketplace for investor-focused
companies," said R. Cromwell
Coulson, President and Chief Executive Officer of OTC
Markets Group. "OTCQX provides the highest level of visibility and
access to U.S. investors possible in the OTC marketplace."
Citi will serve as Aperam's Principal American Liaison ("PAL")
on OTCQX, responsible for providing guidance on OTCQX
requirements.
About Aperam
Aperam (OTCQX: APEMY; Euronext: APAM) trades in the United States on OTCQX under the symbol
"APEMY", where each ADR represents 1 ordinary share. Aperam is a
global player in stainless, electrical and specialty steel, with
operations in more than 30 countries. The business is organized in
three divisions: Stainless & Electrical Steel, Service &
Solutions and Alloys & Specialties.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's
largest electronic marketplace for broker-dealers to trade unlisted
stocks. Our OTC Link™ platform supports an open network of
competing broker-dealers that provide investors with the best
prices in over 10,000 OTC securities. In 2010, securities on OTC
Link traded over $144 billion in
dollar volume, making it the third largest U.S. equity trading
venue after NASDAQ and the New York Stock Exchange. We categorize
the wide spectrum of OTC-traded companies into three tiers - OTCQX
(the quality-controlled marketplace for investor friendly
companies), OTCQB® (the U.S. reporting company marketplace for
development stage companies), and OTC Pink™ (the speculative
trading marketplace) - so investors can identify the level and
quality of information companies provide. To learn more about how
OTC Markets Group makes the unlisted markets more transparent,
informed, and efficient, visit www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.