NEW YORK, Feb. 11, 2015 /PRNewswire/ -- OTC Markets Group Inc.(OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Farmers & Merchants Bancorp Inc. (OTCQX: FMAO), the single bank holding company of The Farmers & Merchants State Bank in Archbold, Ohio, with $925 million in assets, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.
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Farmers & Merchants Bancorp begins trading today on OTCQX under the symbol "FMAO." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are proud to welcome Farmers & Merchants Bancorp to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will provide the bank a highly-visible and transparent trading market that will support it in its next 100 years of growth."
"Farmers & Merchants Bancorp is excited about being traded on the OTCQX marketplace," stated Paul S. Siebenmorgen, President and CEO of Farmers & Merchants Bancorp, Inc. "We believe this will broaden our visibility and serve our shareholders well."
Boenning & Scattergood, Inc. serves as Farmers & Merchants Bancorp's Corporate Broker on OTCQX.
"We are pleased to be selected as the Corporate Broker for Farmers & Merchants Bancorp," commented Michael A. Galantino, Managing Director of Equity Capital Markets at Boenning & Scattergood. "This opportunity exemplifies our commitment to the community banking sector throughout the Mid-Atlantic and Midwest Regions and reinforces our effort to enhance the services we provide to clients."
Farmers & Merchants Bancorp is the single bank holding company of The Farmers & Merchants State Bank located in Archbold, Ohio, and serving northwest Ohio, northeast Indiana and southern Michigan.
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; OTCQB®, The Venture Marketplace; and OTC Pink®, The Open Marketplace. 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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Media Contact:
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, saskia@otcmarkets.com
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SOURCE OTC Markets Group Inc.
