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Screenshot of a breaking news alert e-mail from Q2 2017
Open electronic marketplace network OTC Markets Group Inc. (OTCQX: OTCM) today announced that British electronic trading company IG Group Holdings Plc. (IGG:L) has qualified to have its American Depositary Receipts (ADRs) trade on OTCQX, the best marketplace for established, global and growth companies.
IG Group begins trading today on OTCQX under the symbol “IGGHY,” where each ADR represents 1 ordinary share. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
“We are pleased to welcome IG Group, a FTSE 250 company, to the OTCQX marketplace,” said R. Cromwell Coulson, President and CEO of OTC Markets Group. “By joining OTCQX, IG Group ensures U.S. investors will have transparent trading and convenient access to its news and disclosure allowing them to more easily analyze, value and trade its securities. We look forward to working with IG Group as the company continues to increase its profile in the U.S. market.”
Christopher Hill, CFO of IG Group commented, “We are delighted to have IG Group shares trading on the OTCQX marketplace. This follows the launch of our Level 1 ADR earlier this year and demonstrates our commitment to offering U.S. investors the best possible access to IG Group stock”. Citi serves as IG Group’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing professional guidance on OTCQX requirements.
For the full announcement, click here.