"American Oriental Bioengineering is a solid addition to the roster of ArcaEx-listed companies," said Sam Long, Managing Director of ArcaEx's Corporate Client Group. "ArcaEx provides an ideal listing venue for companies like American Oriental Bioengineering looking to expand their exposure and visibility among a broad range of investors."
"Listing on the nation's first totally open all-electronic stock exchange is an exciting event for us and our shareholders," commented Shujun Liu, Chairman and Chief Executive Officer of American Oriental Bioengineering. "We believe our listing on ArcaEx, an extremely efficient and transparent exchange, will help us gain exposure and increase recognition across the investment community."
In addition to providing the advantages of fully-electronic trading, ArcaEx enables NYSE-, Amex- and Nasdaq-listed companies and their investors to reap the benefits of ArcaEx's investor focused market structure. ArcaEx operates as an all-electronic auction market, with an open limit order book matching buyers and sellers directly based on simple price and time priority, leveling the playing field for all market participants.
Currently over 230 companies are listed on ArcaEx. In addition to its own listings, the exchange trades all NYSE, Nasdaq, and Amex listed stocks.