OTC Markets Group Welcomes Piraeus Financial Holdings to OTCQX
OTC Markets Group (OTCQX: OTCM) announced that Piraeus Financial Holdings has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market. The Greek financial holdings company, listed on the Athens Stock Exchange (TPEIR), began trading on OTCQX under the symbols 'BPIRY' and 'BPIRF'.
The upgrade to OTCQX represents a significant step for companies aiming to provide transparent trading for U.S. investors. Companies must meet high financial standards, follow best practice corporate governance, and demonstrate securities law compliance to qualify. For internationally listed companies, streamlined market standards allow them to use their home market reporting for U.S. information disclosure.
Piraeus Financial Holdings becomes one of the first Greek issuers on the OTCQX platform, marking an important milestone for both the company and Greek capital markets.
OTC Markets Group (OTCQX: OTCM) ha annunciato che Piraeus Financial Holdings ha ottenuto l'idoneità per negoziare sul mercato OTCQX® Best Market, elevandosi dal mercato Pink®. La società greca di partecipazioni finanziarie, quotata alla Borsa di Atene (TPEIR), ha iniziato a negoziare su OTCQX con i simboli 'BPIRY' e 'BPIRF'.
Il passaggio a OTCQX rappresenta un passo significativo per le aziende che mirano a fornire un trading trasparente per gli investitori statunitensi. Le aziende devono soddisfare elevati standard finanziari, seguire le migliori pratiche di governance aziendale e dimostrare la conformità alla normativa sui titoli per qualificarsi. Per le aziende internazionalmente quotate, gli standard di mercato semplificati permettono loro di utilizzare la reportistica del mercato domestico per la divulgazione delle informazioni negli Stati Uniti.
Piraeus Financial Holdings diventa uno dei primi emittenti greci sulla piattaforma OTCQX, segnando un traguardo importante sia per la società che per i mercati di capitale greci.
OTC Markets Group (OTCQX: OTCM) anunció que Piraeus Financial Holdings se ha calificado para negociar en el OTCQX® Best Market, ascendiendo del mercado Pink®. La empresa griega de holdings financieros, que cotiza en la Bolsa de Atenas (TPEIR), comenzó a negociar en OTCQX bajo los símbolos 'BPIRY' y 'BPIRF'.
La actualización a OTCQX representa un paso significativo para las empresas que buscan proporcionar un comercio transparente para los inversores estadounidenses. Las empresas deben cumplir con altos estándares financieros, seguir las mejores prácticas de gobernanza corporativa y demostrar el cumplimiento de la normativa de valores para calificar. Para las compañías listadas internacionalmente, los estándares de mercado simplificados les permiten utilizar su informe del mercado local para la divulgación de información en EE. UU.
Piraeus Financial Holdings se convierte en uno de los primeros emisores griegos en la plataforma OTCQX, marcando un hito importante tanto para la empresa como para los mercados de capitales griegos.
OTC 시장 그룹 (OTCQX: OTCM)은 피레우스 금융 홀딩스가 핑크® 마켓에서 OTCQX® 베스트 마켓으로 거래를 업그레이드했다고 발표했습니다. 아테네 증권 거래소(TPEIR)에 상장된 그리스 금융 홀딩스 회사는 'BPIRY' 및 'BPIRF' 기호로 OTCQX에서 거래를 시작했습니다.
OTCQX로의 업그레이드는 미국 투자자에게 투명한 거래를 제공하려는 기업에게 중요한 단계입니다. 기업은 높은 재무 기준을 충족하고, 최고의 기업 거버넌스 관행을 따르며, 자본시장법 준수를 입증해야 자격을 갖출 수 있습니다. 국제적으로 상장된 기업의 경우 간소화된 시장 기준이 미국 정보 공개를 위해 본국 시장 보고서를 사용할 수 있게 합니다.
피레우스 금융 홀딩스는 OTCQX 플랫폼의 첫 번째 그리스 발행사 중 하나가 되어, 회사와 그리스 자본 시장 모두에 중요한 이정표를 남깁니다.
OTC Markets Group (OTCQX: OTCM) a annoncé que Piraeus Financial Holdings a obtenu l'autorisation de trader sur le marché OTCQX® Best Market, passant du marché Pink®. La société grecque de holdings financiers, cotée à la Bourse d'Athènes (TPEIR), a commencé à trader sur l'OTCQX sous les symboles 'BPIRY' et 'BPIRF'.
La montée en grade vers l'OTCQX représente un pas significatif pour les entreprises cherchant à offrir un commerce transparent aux investisseurs américains. Les entreprises doivent satisfaire à des normes financières élevées, suivre les meilleures pratiques de gouvernance d'entreprise et faire preuve de conformité aux lois sur les valeurs mobilières pour se qualifier. Pour les entreprises cotées à l'international, des normes de marché simplifiées leur permettent d'utiliser leur rapport du marché local pour la divulgation d'informations aux États-Unis.
Piraeus Financial Holdings devient l'un des premiers émetteurs grecs sur la plateforme OTCQX, marquant une étape importante tant pour l'entreprise que pour les marchés des capitaux grecs.
OTC Markets Group (OTCQX: OTCM) hat angekündigt, dass Piraeus Financial Holdings für den Handel am OTCQX® Best Market qualifiziert ist und vom Pink®-Markt aufgestiegen ist. Das griechische Finanzholding-Unternehmen, das an der Athener Börse (TPEIR) notiert ist, hat den Handel am OTCQX unter den Symbolen 'BPIRY' und 'BPIRF' aufgenommen.
Die Aufwertung auf OTCQX stellt einen bedeutenden Schritt für Unternehmen dar, die darauf abzielen, transparenten Handel für US-Investoren zu ermöglichen. Unternehmen müssen hohe finanzielle Standards erfüllen, bewährte Unternehmensführungspraktiken befolgen und die Einhaltung der Wertpapiergesetze nachweisen, um sich zu qualifizieren. Für international notierte Unternehmen ermöglichen vereinfachte Marktstandards, dass sie ihre Berichterstattung vom Heimatmarkt für die Informationsoffenlegung in den USA nutzen können.
Piraeus Financial Holdings wird zu einem der ersten griechischen Emittenten auf der OTCQX-Plattform und markiert einen wichtigen Meilenstein sowohl für das Unternehmen als auch für die griechischen Kapitalmärkte.
- Upgrade from Pink to OTCQX market indicates higher financial and governance standards
- Enhanced visibility and accessibility for U.S. investors
- Improved trading transparency and market access
- None.
NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Piraeus Financial Holdings (Athens Stock Exchange: TPEIR; OTCQX: BPIRY, BPIRF), a financial holdings company, has qualified to trade on the OTCQX® Best Market. Piraeus Financial Holdings upgraded to OTCQX from the Pink® market.
Piraeus Financial Holdings begins trading today on OTCQX under the symbols “BPIRY” and “BPIRF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
“OTC Markets is thrilled to welcome Piraeus Financial Holdings to OTCQX as one of our first Greek issuers,” said Jason Paltrowitz, OTC Markets EVP of Corporate Services. “Joining OTCQX is an important milestone both for Piraeus Financial Holdings as well as the broader Greek capital markets, enhancing U.S. investors’ global investment opportunities to participate in the company’s growth.”
About Piraeus Financial Holdings
Piraeus Financial Holdings S.A. is a financial holdings company, listed on the Athens Stock Exchange, and the parent company of the banking institution "Piraeus Bank S.A.". Piraeus Bank was founded in 1916 and today represents the leading Bank in Greece in terms of customer loans and deposits. It maintains the largest distribution network in Greece and offers a vast array of financial products and services to 4.5mn customers.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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