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BNY Mellon and OTC Markets Group Announce New OTCM ADR Index, Powered by BNY Mellon DR Indices (OTC Markets Group Inc)
Dec 4th 2012, 07:03

NEW YORK, December 3, 2012- BNY Mellon, the global leader in investment management and investment services, and OTC Markets Group Inc., operator of Open, Transparent and Connected financial marketplaces, today announced the creation of the OTCM ADR Index, a comprehensive index for American Depositary Receipts traded on OTCQX, OTCQB and OTC Pink marketplaces. The OTCM ADR Index (Bloomberg: OTCDR), powered by BNY Mellon DR Indices, was developed to benchmark the fast-growing and diverse number of ADR investment opportunities available to investors through their U.S. brokers.  Since 2002, the total number of ADRs trading on the OTCQX, OTCQB and OTC Pink marketplaces has increased more than...

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