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OTC Markets Group Approves Wedbush Securities as Corporate Broker for Banks on OTCQX® Marketplace

Dec 17, 2014

OTC Disclosure & News Service

- OTC Markets Group Approves Wedbush Securities as Corporate Broker for Banks on OTCQX® Marketplace

OTC Markets Group Approves Wedbush Securities as Corporate Broker for Banks on OTCQX® Marketplace

PR Newswire

NEW YORK, Dec. 17, 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 Wedbush Securities, Inc., a leading financial services firm, to serve as a Corporate Broker for banks on OTCQX®, the best marketplace for established, global and growth companies.

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As a Corporate Broker, Wedbush Securities 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.

"We are proud to welcome Wedbush Securities to the approved list of Corporate Brokers for banks on OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group.  "The firm's nearly 60-year history, breadth of services and geographic reach will be a tremendous asset to community banks that are looking to raise capital or increase their engagement with investors nationwide."

Founded in 1955, Wedbush Securities is a leading financial firm that provides brokerage, clearing, investment banking, equity research, public finance, fixed income sales and trading, and asset management to individual, institutional and issuing clients.  Headquartered in Los Angeles, with over 100 registered offices, the firm focuses on relentless service, client financial safety, continuity, and advanced technology.  Wedbush Securities is the largest subsidiary of holding company WEDBUSH, Inc., which also includes affiliated firms Wedbush Capital Partners, Wedbush Opportunity Partners, Wedbush Asset Management and Lime Brokerage LLC.

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

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/otc-markets-group-approves-wedbush-securities-as-corporate-broker-for-banks-on-otcqx-marketplace-300010898.html

SOURCE OTC Markets Group Inc.

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The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.