NEW YORK, Sept. 18, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Freedom Bank of Virginia (Fairfax) (OTCQX: FDVA), a community bank serving Northern Virginia, has qualified to trade on OTCQX®, the best marketplace.
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Freedom Bank begins trading today on OTCQX under the symbol "FDVA." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are thrilled to welcome Freedom Bank to OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Freedom Bank exemplifies the financially-strong, well-managed and shareholder-friendly community banks trading on our best marketplace."
Freedom Bank's CEO Craig Underhill said, "We are pleased that Freedom Bank has been approved to trade our shares on this robust and prestigious marketplace. The increased visibility and transparency resulting from being elevated to OTCQX is expected to increase liquidity of our shares, consistent with our commitment to increase shareholder value."
Monroe Financial Partners Inc. serves as Freedom Bank's Corporate Broker on OTCQX.
Freedom Bank of Virginia is a community-oriented bank serving customers through branches located in Vienna, Virginia. The bank offers a range of personal banking, business banking, and real estate lending services to individuals, small- and medium-size businesses, and professionals located in the Northern Virginia area.
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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SOURCE OTC Markets Group Inc.