The Plus stock exchange is pleased to announce that its market data is now available on the MoneyAM website.
MoneyAM, one of the UK's foremost providers of online financial services to the retail community, will be displaying prices and trades for all PLUS stocks, making PLUS data available to over 110,000 unique monthly users of the MoneyAM website.
A comprehensive micro-site, accessible via the PLUS button on the MoneyAM homepage, the new PLUS section offers investors access to a wealth of PLUS-quoted data, such as prices, company news, market movers, and other valuable information on brokers and advisers to PLUS companies.
Paul Haddock, Head of Capital Markets at the PLUS stock exchange said: "We are delighted that MoneyAM is now displaying PLUS data prominently on its website. It gives tremendous visibility and profile to PLUS companies and provides private investors with access to a wealth of information and some terrific investment opportunities."
PLUS' Business Development Director, Rachel Maguire, notes: "Retail investors are very important to PLUS companies and PLUS has built a strong position in the retail markets, with significant volumes of retail flow. Private investors will be able to access immediate and direct information about trading activity on PLUS through the MoneyAM site. The partnership with MoneyAM is just one of a number of new initiatives being undertaken by PLUS to further enhance the visibility and profile of its companies and to showcase the investment opportunities offered on its market. Other activities planned for this year include a series of road shows around the UK, in conjunction with leading private client broking firms."
Mike Boydell, Managing Director, MoneyAM adds: "The PLUS market feed perfectly complements our MoneyAM data offering. It enhances our product set - and we're always looking to provide added value to our customers. As a leading retail stock exchange, PLUS makes for a very attractive offering."
The PLUS stock exchange is committed to facilitating retail flow in a wide spectrum orum of stocks. In the calendar year 2009, PLUS registered total volume of 83.24 billion shares traded, a net increase of 218% against 26.1 billion in Jan-Dec 2008. This strong growth was mirrored in other areas: reported trades were up 69% to 8.6 million while trade value rose 45% to £52.86 billion in the same period. Moreover, PLUS has consistently ranked high in the Thomson Reuters UK MiFID market share reports.