Latest Over-the-counter Stories
In the news release, CME Group Expands OTC Agricultural Offering with New USD-Denominated Palm Oil Swap, issued today by CME Group over PR Newswire, we are advised by the company that the quote in the fourth paragraph should be attributed to Chong Kim Seng, Chief Executive Officer of BMD, rather than Jeffrey Tan, Product and Market Development General Manager, BMD, as originally issued inadvertently. The complete, corrected release follows: CME Group Expands OTC Agricultural Offering with...
SINGAPORE and CHICAGO, May 19, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it has expanded its centrally cleared, over-the-counter (OTC) agricultural swap offering through the introduction of a new U.S. dollar (USD)-denominated palm oil swap. Pending CFTC review, the new USD Malaysian Crude Palm Oil Calendar Swap will be available for clearing on CME ClearPort on June 3, and will be listed with and subject to the rules...
NEW YORK, May 9, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected marketplaces, today announced that it is providing its 15-minute delayed Level 1 quotes to the Bing Finance app on Windows 8. Users of the Bing Finance app will now have convenient access to delayed best bid/best offer and size data on over 10,000 OTCQX®, OTCQB® and OTC Pink® securities. (Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO) The...
BOISE, Idaho, May 7, 2013 /PRNewswire/ -- Blaze Energy (Pink Sheets: BLZE) today announced that it has engaged the Investment Law Group of Gillett, Mottern & Walker, LLP to prepare the Company's financials to comply with the requirements of the OTC Markets, Over-The-Counter Pink® Current Information Market Tier, pursuant to the Alternative Reporting Standard outlined by OTC Disclosure and News Service. OTC Markets has implemented a strict information reporting system for...
NEW YORK, April 16, 2013 /PRNewswire/ -- BNY Mellon today announced that BNY Mellon Clearing, LLC ("BNY Mellon Clearing") is now clearing interest rate swaps for clients using LCH.Clearnet Ltd ("LCH.Clearnet")'s market-leading interest rate swaps clearing service, SwapClear. A BNY Mellon subsidiary that clears futures and over-the-counter derivatives trades on behalf of institutional clients, BNY Mellon Clearing joins The Bank of New York Mellon, a CFTC provisionally registered swap...
NEW YORK, March 26, 2013 /PRNewswire/ -- OTC Markets Group (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that it is providing real-time Level 1 pricing data on OTCQX®, OTCQB® and OTC Pink® securities to tradeMONSTER(TM), an online trading platform for active stock and option traders. (Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO) "We are pleased tradeMONSTER has become a re-distributor of our real-time Level 1...
LONDON, February 19, 2013 /PRNewswire/ -- Shares in AMR Corp closed by a further 19% in Fridays trading following an 83% rise the day before in trading on Wall Street as investors celebrated rare value from a chapter 11 bankruptcy proceeding. We have been following and updating you on shares of AMR Corp for over 2 months now as the stock has risen around 400% in value from the lows. The stock was the heaviest traded name on the OTCQB last week trading almost half a billion...
NEW YORK, Feb. 15, 2013 /PRNewswire/ -- Dial Global, Inc. (OTC Pink: DIAL) (the "Company"), has determined to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company intends to file a Form 15 with the Securities and Exchange Commission (the "SEC") to accomplish the suspension today. After making this filing, unless otherwise required by law, the Company does not presently intend to make additional periodic reports...
http://www.directswap.com/ --Middle market companies seeking to manage operating risk using commercial hedging transactions have historically had few options, other than expensive and opaque intermediary deals. New York,US (PRWEB) February 14, 2013 The Advent of Dodd Frank Middle market companies seeking to manage operating risk using commercial hedging transactions have historically had few options, other than expensive and opaque intermediary deals. Not only has their direct access to...
ALLEGAN, Mich., Feb. 1, 2013 /PRNewswire/ -- Perrigo Company (Nasdaq: PRGO; TASE) today announced that it has signed a definitive agreement to acquire Yardley, PA based Velcera, Inc. for $160 million in cash. The acquisition is expected to close during calendar year 2013 pending the satisfaction of closing conditions, including regulatory approvals. (Logo: http://photos.prnewswire.com/prnh/20120301/DE62255LOGO) Velcera is a leading companion pet health product company...
