NEW YORK, Oct. 26 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc. (Pink Sheets: PINK), the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that Allianz SE (OTCQX: AZSEY, Frankfurt: ALV), the leading integrated financial services provider, has chosen to list its American Depositary Receipts (ADRs) on OTCQX®.
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Allianz's ADRs began trading today on the OTC market's highest tier, OTCQX International Premier. Investors can find current financial disclosure and real-time Level 2 quotes for the company on www.otcqx.com and www.pinksheets.com.
"We are pleased to welcome Allianz to OTCQX," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "The transparent OTCQX marketplace provides Allianz with efficient U.S. trading of their ADRs as an investor-friendly alternative to maintaining multiple exchange listings."
J.P. Morgan, which acts as Depositary for Allianz's ADR program, will serve as Allianz's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.
About Allianz SE
(OTCQX: AZSEY, Frankfurt: ALV) Allianz SE's ADRs will trade in the United States on OTCQX under the symbol "AZSEY", where each ADR will represent 0.1 ordinary shares. Allianz's shares are also listed on the Frankfurt Stock Exchange - Prime Standard Regulated Market, under the symbol ALV. The Allianz Group is one of the leading integrated financial services providers worldwide. With nearly 155,000 employees worldwide, the Allianz Group serves approximately 75 million customers in about 70 countries. On the insurance side, Allianz is the market leader in the German market and has a strong international presence. In fiscal year 2008 the Allianz Group achieved total revenues of over 92.5 billion Euros. The company's headquarters are in Munich, Germany. For more about Allianz SE, visit: http://www.allianz.com.
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. over-the-counter market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. For more about OTCQX, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets is a financial information and technology services company that operates the leading electronic quotation and trading system in the over-the-counter, or OTC, securities market. The OTCQX and Pink Sheets® marketplaces that we operate constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our technology platform provides a comprehensive suite of information products and trading services for OTC market participants. Our products and services promote market transparency, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.pinkotc.com, www.pinksheets.com and www.otcqx.com or contact us at info@pinkotc.com.
Pink OTC Markets is headquartered in New York City.
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