Merriman Holdings, Inc. Joins OTCQX
NEW YORK – November 23, 2011 – OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Merriman Holdings, Inc. (OTCQX: MERR), a financial services firm, is now trading on the OTC market’s highest tier, OTCQX®.
Merriman Holdings began trading today on the OTC market’s prestigious tier, OTCQX U.S. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
“Merriman Holdings has chosen to remain investor focused as they transition to trade on OTCQX, which allows them to continue to provide superior information and transparent trading on the quality-controlled OTCQX platform,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “We are pleased to welcome Merriman Holdings to OTCQX.”
Scarsdale Equities will serve as Merriman Holdings’ Designated Advisor for Disclosure (“DAD”) on OTCQX, responsible for providing guidance on OTCQX requirements.
About Merriman Holdings, Inc.
Merriman Holdings, Inc. (OTCQX: MERR) is a financial services holding company whose wholly owned subsidiary, Merriman Capital, Inc., is an investment banking firm providing equity and options execution services, market making, and differentiated research for high growth companies. Merriman Capital, Inc. also provides capital raising, advisory, and MA services, and is the leading investment banking firm for OTCQX companies. For more information, please go to http://www.merrimanco.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/contact.cfm.
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 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.
Grace Keith, OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org