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.
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.