OTC Markets
NEW YORK, Oct. 07, 2022 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading in 12,000 US and international securities, announced today that GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) has voluntarily delisted from the New York Stock Exchange and qualified for trading on the OTCQX® Best Market. GAMCO is a widely recognized provider of investment advisory services to open-end funds, closed-end funds, actively managed semi-transparent exchange-traded funds (ETFs), a Société d’Investissement a Capital Variable (SICAV) and approximately 1,400 institutional and private wealth management investors primarily in the United States.
GAMCO begins trading today on the OTCQX under the symbol “GAMI”. US investors can visit www.otcmarkets.com for current financial information and real-time Level 2 quotes for the company.
Trading on the OTCQX Market offers companies efficient and cost-effective access to the US capital markets. Optimized market requirements for OTCQX are designed to help companies reduce the cost and complexity of public trading while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
About GAMCO Investors, Inc.
GAMCO is known for its research-driven approach to equity investing (known in the industry as PMV with a Catalyst™). GAMCO conducts its investment advisory business primarily through two subsidiaries: GAMCO Asset Management Inc. (approximately 1,400 institutional and private asset accounts) and Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, 4 actively managed semi-transparent funds). ETFs and a SICAV).
GAMCO serves a broad client base including institutions, intermediaries, offshore investors, private wealth and direct retail investors. In recent years, GAMCO has successfully onboarded new teams of RIAs by providing attractive compensation schemes and extensive research capabilities.
The story goes on
GAMCO offers a wide range of solutions for clients in value and growth equities, ESG, convertible bonds, actively managed semi-transparent ETFs, sector-oriented strategies such as gold and utilities, merger arbitrage and US Treasury Money Market Fixed Income. In 1977, GAMCO launched its flagship all-cap value strategy, Gabelli Value, and entered the mutual fund business in 1986.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading in 12,000 US and international securities. Our data-driven disclosure standards underpin our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.
Our alternative OTC Link® trading systems (ATS) provide essential market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to US 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 of the SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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Media contact:
OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
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