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PLUS Market - an introduction |
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PLUS Markets plc (“PLUS”) is a new stock exchange for London. Its quote-driven (market-maker) electronic trading platform presently trades over 1,000 company shares including constituents from the FTSE Small Cap, FTSE Fledgling, a number from the FTSE 250 and AIM. It is a Recognised Investment Exchange in the UK, operating both secondary and primary markets, with a current total market capitalisation of nearly £200 billion.
The PLUS trading platform (known as the “secondary market” in equity markets terminology) offers an execution venue for trading securities listed on the Official List and AIM as well as its own PLUS market, combining independent price formation with trade reporting. Current participants include nearly 50 brokers and 7 market makers. “PLUS-traded” describes companies which are listed or quoted on other markets but also traded on PLUS. PLUS is currently installing a new trading platform, supplied by OMX, to support PMG’s enlarged trading services offering under MiFID and extend its stock coverage into liquid shares (including the FTSE 100) to some 5,000 securities.
The PLUS “primary market” is a quotation and listing destination, offering a meeting-place for companies and capital in London.
Around 200 small & mid-cap companies are currently on the “PLUS-quoted” market segment, an exchange-regulated market for small and mid-cap companies. It offers an alternative to AIM for high-quality applicants offering the potential for investment returns.
Click here for further information on the PLUS market Great Western Mining Corporation plc status on PLUS market
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Last Updated ( Monday, 03 March 2008 14:24 )
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