NEW YORK, Aug. 15, 2013 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM) congratulates Tiptree Financial Inc., a
diversified holding company, on its listing on the NASDAQ Capital
Market. Tiptree Financial upgraded to NASDAQ from OTC Markets
Group's OTCQX® marketplace, the best marketplace with qualified
companies, where it began trading on September 17, 2010 under the name Care Investment
Trust Inc.
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"We congratulate Tiptree Financial on this important milestone
and are proud to have helped the company in achieving its growth
objectives," said R. Cromwell
Coulson, President and CEO of OTC Markets Group.
"OTCQX is the best informed, most efficient market for U.S. and
global companies not trading on a U.S. exchange. As such, it
has become a springboard for high-quality U.S. and global growth
companies to achieve the scale necessary to support the complexity
and cost of a national stock exchange listing. In the past
five years, over 300 companies have grown from our marketplaces to
the NYSE and NASDAQ. We look forward to nurturing more
companies like Tiptree with a robust and transparent platform for
high quality trading of smaller and growth company shares."
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 with
Qualified Companies; OTCQB®, The Venture Stage Marketplace with
U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with
Variable Reporting Companies. 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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SOURCE OTC Markets Group Inc.