OTC Markets Group Inc. (OTCM: OTC Link) | Deutsche Lufthansa AG Joins OTCQX

Deutsche Lufthansa AG Joins OTCQX

 

NEW YORK – October 19, 2011 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 over-the-counter (“OTC”) stocks, announced that Deutsche Lufthansa (OTCQX: DLAKY; Frankfurt: LHA), the global aviation company, is now trading on the highest tier of the OTC market, OTCQX®.

 

Lufthansa began trading today on the OTC market’s prestigious tier, OTCQX International Premier.  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 Lufthansa to our growing list of world-class issuers on OTCQX,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “Companies use OTCQX to expand their access to U.S. investors, engage them with quality disclosure of their financials, and provide trading transparency to stimulate liquidity,”

 

Deutsche Bank will serve as Lufthansa’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements.

 

About Deutsche Lufthansa AG

Deutsche Lufthansa AG (OTCQX: DLAKY; Frankfurt: LHA) trades in the United States on OTCQX under the symbol “DLAKY”, and in Germany on the Frankfurt Stock Exchange under the symbol “LHA”. Deutsche Lufthansa AG is an aviation Group with operations worldwide. Its activities in the areas of passenger transportation, air-freight and airline services are divided into five business segments: Passenger Airline Group, Logistics, MRO, IT Services and Catering. They hold leading positions in their respective markets.

 

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.  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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Media Contacts:

Grace Keith, OTC Markets Group Inc., +1 (212) 896-4428, grace@otcmarkets.com

Martin Riecken, Deutsche Lufthansa AG, +1 (516) 296 9671, americaspr@dlh.de

 

Article source: http://www.otcmarkets.com/stock/OTCM/news?id=36814

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