OTC Markets Group(OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced today AST has joined OTC Markets’ Transfer Agent Verified Shares Program.
OTC Markets Group launched the Transfer Agent Verified Shares Program initiative with the goal of providing current and reliable share data on OTCQX, OTCQB and Pink securities. The program enables stock transfer agents to report their clients’ share data, including authorized and outstanding shares, to OTC Markets Group on a regular basis via a secure, electronic file transfer.
Share data provided by transfer agents is displayed on www.otcmarkets.com alongside a “Verified” logo, indicating the information is reliable and trustworthy. This data is also disseminated through OTC Markets Group’s market data feeds to investors and broker-dealers.
Currently, 78 per cent of US companies trading on our OTCQX and OTCQB markets are represented by 20 participating transfer agents.
“We are pleased to welcome AST to take part in the Transfer Agent Verified Shares Program,” said Liz Heese, EVP of issuer and information services at OTC Markets Group. “As one of the largest providers of transfer agent and shareholder services, including AST among our leading portfolio of transfer agents complements our goal of providing broker-dealers and investors with comprehensive, credible share data to make more informed investment decisions.”
“As a leading provider of technology-enabled professional services, AST values transparency in the marketplace,” said Robert Carney, president of issuer and investor services at AST. “Expanding access to share data through OTC Markets’ Transfer Agent Verified Shares Program corresponds with AST’s goal of using data and technology to transform issuer-investor relationships.”
Transfer agents participating in the Program include:
Broadridge Financial Solutions, Inc.
Colonial Stock Transfer Co. Inc.
Continental Stock Transfer & Trust
Corporate Stock Transfer
Direct Transfer LLC
Empire Stock Transfer Inc.
Equity Stock Transfer
Island Stock Transfer
National Issuer Services, Inc.
Nevada Agency and Transfer Company
New Horizon Transfer, Inc.
Olde Monmouth Stock Transfer
Transfer Online, Inc.
West Coast Stock Transfer, Inc.
Worldwide Stock Transfer, LLC
Investors can access verified share data for AST clients on the company’s quote page at www.otcmarkets.com and via OTC Markets’ market data feeds.
Transfer agents interested in participating in the program may contact Andy Kyzyk at OTC Markets Group at (212) 896-4450 or [email protected] There is no fee for transfer agents to participate.
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