Pinksheets.com Changes to OTCMarkets.com
16 Februar 2010 - 2:00PM
PR Newswire (US)
NEW YORK, Feb. 16 /PRNewswire-FirstCall/ -- Pink OTC Markets(TM)
has renamed pinksheets.com, its investor website for financial news
and information on OTC securities, to otcmarkets.com. The new
website name reflects Pink OTC Markets' position as the leading
provider of quotes and financial information in all stocks not
listed on U.S. stock exchanges. Otcmarkets.com is the most
comprehensive source for investors for quotes, trading data and
company information in over 9,300 OTCQX®, Bulletin Board and Pink
Sheets® stocks. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090623/NY36558LOGO ) In order
to provide greater transparency to companies dually quoted by
market makers on both the Pink Quote and the FINRA OTCBB platform,
beginning Tuesday, February 16th, Pink OTC Markets will make
Real-Time Level 2 market maker quotations published in the Pink
Quote inter-dealer system available on http://www.otcmarkets.com/
for all OTCQX and dually quoted OTCBB securities. "The superior
technology of our inter-dealer quotation system is now attracting
more and more consolidation of broker-dealer quotation activity in
unlisted stocks," said R. Cromwell Coulson, President and CEO of
Pink OTC Markets Inc. "By making Real-time Level 2 Quotes available
on Otcmarkets.com in OTCQX and OTCBB securities, we are continuing
to expand the availability of investor information in the OTC
market." Pink OTC Markets' inter-dealer quotation and trading
platform has become the leading quotation platform for market
makers in the U.S. OTC market. More broker-dealers are choosing the
superior performance and functionality of Pink Quote over FINRA's
OTCBB for publishing two-sided priced quotes in OTC securities.
Year Ended Pink Quote OTCBB December 31 Quotations Quotations
----------- ---------- ---------- 2009 47,004 16,002 2008 41,289
26,670 2007 34,171 37,171 This data represents two-sided priced
quotations only on both the Pink Quote and OTCBB platforms. There
were a total of 81,786 priced and un-priced quotations on Pink
Quote and 23,129 on the FINRA OTCBB in December 2009. About Pink
OTC Markets Inc. Pink OTC Markets Inc. (Pink Sheets: PINK) is a
financial information and technology services company that operates
the leading electronic quotation and trading system in the
Over-the-Counter, or OTC, securities market. The OTCQX and Pink
Sheets® marketplaces that we operate constitute, by dollar volume,
the third largest U.S. liquidity pool for trading public company
shares, after The NASDAQ Stock Market, Inc. and The New York Stock
Exchange. Our technology platform provides a comprehensive suite of
information products and trading services for OTC market
participants. Our products and services promote market
transparency, improve price discovery, facilitate regulatory
compliance, and increase the quality of issuer disclosure, to the
benefit of all OTC market participants. To learn more about how
Pink OTC Markets' products and services make OTC markets more
transparent, informed, and efficient, please visit our websites at
http://www.pinkotc.com/, http://www.otcmarkets.com/ and
http://www.otcqx.com/ or contact us at . Pink OTC Markets is
headquartered in New York City. OTC Bulletin Board and OTCBB are
common law trademarks of FINRA.
http://www.newscom.com/cgi-bin/prnh/20090623/NY36558LOGODATASOURCE:
Pink OTC Markets Inc. CONTACT: Matthew Sheldon, CCG Investor
Relations, +1-310-954-1346, Web Site: http://www.otcmarkets.com/
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