Latest PLUS Markets Group PLC News: Finextra Research

Plus terminates talks with Turquoise

Talks between UK trading platform Plus Markets and bank-backed equities trading platform Project Turquoise have fallen through after the two parties failed to agree on terms for a takeover deal.

19 October 2007

/wholesale

Plus share suspension sparks rumours of reverse take-over of Turquoise

UK trading platform Plus Markets is in negotiations about a reverse take-over of Project Turquoise, the investment bank backed challenger to the London Stock Exchange.

08 October 2007

/regulation

OMX inks Plus Markets technology deal

Plus Markets, the quote-driven trading system for AIM-listed stocks, has signed a £6.7 million deal with Sweden's OMX for the supply of trading and market surveillance technology that will support a major expansion in the number of contracts traded on its platform.

30 April 2007

/regulation

Plus Markets narrows losses; increases turnover

Plus Markets, the quote-driven alternative to the London Stock Exchange's SETSmm system, is reporting a narrowing of full year losses and increased turnover for 2006 but says plans for increased spending on infrastructure will impact its profitability in the current year.

23 March 2007

/wholesale

Plus Markets to raise £25m in placing

Plus Markets, the quote-driven alternative to the London Stock Exchange's SETSmm order taking system, is raising £25 million in a share placing which it will use to extend its market services, prepare for MiFID and strengthen its balance sheet.

13 December 2006

/wholesale

Plus Markets applies to become full-service stock exchange

Plus Markets, the quote-driven alternative to the London Stock Exchange's SETSmm order taking system, is applying to the Financial Services Authority for recognised investment exchange (RIE) status.

06 September 2006

/wholesale

PlusMarkets claims victory as LSE drops AIM rule changes

The London Stock Exchange has dropped controversial plans to change the regulatory reporting requirement of AIM companies that trade on third party trading platforms as well as its SETSmm service.

29 June 2006

/wholesale

AIM 50 prospers on SETSmm says London Stock Exchange

The London Stock Exchange says trading has increased in the the top 50 smallcap stocks transferred to its hybrid electronic order book, SETSmm, in December 2005.

23 March 2006

/wholesale

Plus Markets doubles volumes in first month

Plus Markets, the quote-driven alternative to the London Stock Exchange's SETSmm order taking system for smaller growth companies, is reporting solid progress in its first two months of operation.

09 February 2006

/wholesale

LSE adds top 50 AIM stocks to SETSmm as Plus Markets makes debut

The London Stock Exchange has migrated the 50 largest AIM stocks to its hybrid electronic order book, SETSmm. The move comes as Plus Markets - whose chief executive Simon Brickles is the former head of the Exchange's junior market - launches its own quote-driven trading system for AIM-listed stocks.

05 December 2005

/retail

ADVFN delivers free Ofex data feed

UK stocks and shares Website Advanced Financial Network (ADVFN) is providing subscribers with free real-time streaming prices and quotes for the smaller cap companies traded on Ofex.

08 May 2003

Latest news