Zurich Financial Services Ltd Joins OTCQX
By Pink Otc Markets Inc., PRNEWednesday, June 30, 2010
NEW YORK, July 1, 2010 - Pink OTC Markets Inc. (OTCQX: PINK), the financial information and
technology services company that operates the leading electronic quotation
and trading system in the U.S. OTC securities market, today announced that
Zurich Financial Services Ltd (OTCQX: ZFSVY, SIX: ZURN), a leading
insurance-based financial services provider, has chosen to have its American
Depositary Receipts (ADRs) quoted on the OTC's highest market tier, OTCQX(R).
(Photo: photos.prnewswire.com/prnh/20090708/NY43125LOGO ) (Photo: www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO )
Zurich Financial Services Ltd (Zurich) began trading today on OTCQX
International Premier where U.S. investors can find current financial
disclosure and real-time Level 2 quotes for Zurich's ADR on
www.otcqx.com and www.otcmarkets.com.
"We are pleased to have Zurich, a SIX Swiss - Blue Chip Segment issuer,
join OTCQX to maximize visibility with U.S. investors," said R. Cromwell
Coulson, President and CEO of Pink OTC Markets. "We welcome Zurich to OTCQX."
The Bank of New York Mellon, which acts as Depositary for Zurich's ADR
program, will serve as Zurich's Principal American Liaison ("PAL") on OTCQX,
responsible for providing guidance on listing requirements.
About Zurich Financial Services Group
Zurich Financial Services Group is an insurance-based financial services
provider with a global network of subsidiaries and offices in North America
and Europe as well as in Asia-Pacific, Latin America and other markets.
Founded in 1872, the Group is headquartered in Zurich, Switzerland. It
employs approximately 60,000 people serving customers in more than 170
countries. Zurich's ADRs will trade in the United States on OTCQX under the
symbol "ZFSVY", where each ADR will represent 0.1 ordinary share. Zurich's
ordinary shares are listed on the SIX Swiss Exchange under the symbol ZURN.
About OTCQX
The OTCQX Marketplace is the premier tier of the U.S. OTC market.
Investor-focused companies use the quality controlled OTCQX listing platform
to offer investors transparent trading, superior information, and easy access
through their regulated U.S. broker-dealers. The innovative OTCQX platform
offers companies and their shareholders a level of marketplace services
formerly available only on a U.S. stock exchange. For more information and to
view a full list of OTCQX-listed companies, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic
interdealer quotation and trading system and facilitates trading in over
9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets
segments these securities into three tiers: the quality-controlled OTCQX
marketplace, the U.S. registered and reporting OTCQB marketplace, and the
speculative trading Pink Sheets marketplace. These three tiers constitute the
third largest U.S. liquidity pool for trading public company shares, after
The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our products
and services promote market transparency, improve price discovery, facilitate
regulatory compliance, and increase the quality of issuer disclosure, to the
benefit of all OTC market participants. To learn more about how Pink OTC
Markets' products and services make OTC markets more transparent, informed,
and efficient, please visit our websites at www.otcmarkets.com,
www.pinkotc.com and www.otcqx.com or contact us at
info@pinkotc.com.
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Media: Cathy Loos of CCG Investor Relations, +1-646-833-3458, Catherine.loos at ccgir.com
Tags: July 1, New York, Pink Otc Markets Inc., Western Europe