Member Info for Albi1

Aduk

As to brokers, here's a link - the answer is yes, H&L and the usual houses ...

https://www.nexexchange.com/traders-brokers/find-a-broker/

Also interested in your opinion Casapinos - what advantages could NEX potentially offer the PI? In your private opinion of course if you were so minded to share.

Thanks to all for the info, much appreciated.

Jaykay, thanks, yes I couldn't find any trades on NEX either. Possibly to both Hurricane's and NEX's advantage to remain listed for exposure I guess.

Casapinos

Thanks Casapinos,
So NEX are not so much the little brother of AIM but actually aiming to become direct competition. That's interesting. Another motivation for asking was cost driven, i.e. the advantage over buying through one exchange over another but had no idea where to start figuring that out. For me no stamp duty is a good reason for staying with AIM. Though can see that on NEX, as you say, the costs seem negligible and exposure is obviously of benefit.

Aduk,

Yes, there are fees involved on both. For AIM there are admission fees and fees for additional securities listed. For NEX the same and an annual listing fee.

OK, though, bowing to fairness, the direct Japanese meaning of Aoka Mizu is: blue water or blue ocean not a cute pink four legged creature with a snout.

Thanks Aduk,

Laserdisc's link answered the question to some extent, though still not 100% clear on the Hurricane story connected with it. NEX is what was formerly the ISDX or ICAP Securities and Derivatives Exchange in its full name and seems was used by Hurricane as a stepping stone to AIM.

Snaggletooth, why is Hurricane on the OTC platforms? (Just kidding ...)

Thanks Snaggletooth
Appreciate you checking it out. Just felt uncomfortable not understanding where NEX sat in the Hurricane story and realised I had no real understanding of it.

Thanks Laserdisc,

Useful read, I'd never heard of NEX /ISDX until yesterday so I was interested to learn about it. Can see the advantage to companies looking for investment but given it excludes stamp duty was wondering what the benefits to investors are (apart from getting onboard early with SMEs and the potential growth that implies).

PCO1
Thank you, it made no sense to me why Hurricane would have a listing on NEX which is designed to promote small cap SMEs. Do we still have a listing on there? Do we need it? Is it costing us?

Two questions:

1) So Hurricane appears to be listed both on AIM and on NEX. But I don't really understand why given the additional costs that would be involved. Why?

2) I also note that the range of bid and ask on NEX, at COB yesterday was 44p to 55p but on LSE was between 49.62 and 49.48. Also grateful if someone who understands these things could explain the difference in bid/ask range on NEX / LSE.

Oh for the love of pancakes!

Please, when you've finished poking pigs and what not, can someone answer my earlier NEX/LSE question posted what seem like a few aeons ago now.

:}

Good timing Laserdisc, thank you:}

Boyzee can be found on ii under username Fungustoon.

Reposting this question from yesterday. MUAS noted that there is another BB for Hur.GB.Pl yesterday. I had a look and figured Hur.GB.Pl related to the NEX exchange.

So Hurricane appears to be listed both on AIM and on NEX. But I don't really understand why given the additional costs that would be involved.

Can anyone enlighten me? Genuinely interested to know. One main difference for investors is stamp duty exemption on AIM and none on NEX but NEX seems set up to promote SMEs.

I also note that the range of bid and ask on NEX, at COB yesterday was 44p to 55p but on LSE was between 49.62 and 49.48. Also grateful if someone who understands these things could explain the difference in bid/ask range?

As far as I can figure out Hurricane is listed both on AIM and on NEX. But I don't really understand why given the additional costs that would be involved. Can anyone enlighten me?
I note that the range of bid and ask on NEX, at COB today is 44p to 55p but on LSE runs between 49.62 and 49.48. Also grateful if someone who understands this things could explain the difference in bid/ask range?

See link below for the definition of NEX from Thomson Reuters. It seems this is an alternative exchange - but what does that mean for PIs like us?

Glossary
ICAP Securities & Derivatives Exchange (ISDX)
Until December 2016, ISDX was the name of a recognised investment exchange under the Financial Services and Markets Act 2000. It operated the following market segments:

ISDX Main Board (a regulated market).
ISDX Growth Market (a primary market for unlisted securities).
ICAP Secondary Market (a secondary trading market for both listed and unlisted securities).

On 30 December 2016, ISDX was renamed NEX Exchange, following which its markets were rebranded. For further information, see NEX Exchange and Practice note, Which market?.

https://uk.practicallaw.thomsonreuters.com/w-005-8610?transitionType=Default&contextData=(sc.Default)&firstPage=true&comp=pluk&bhcp=1

MUAS and Poly4

Have a look at the NEX exchange. If you look at the bid and ask price they're the same as the alt threads on both SXX and HUR. What does it all mean though?

https://www.nexexchange.com/member?securityid=2074373

IAm,

Worth watching 'Bros: After the Screaming Stops' - yes that's the title - in a Spinal Tap kind of way, unbelievable stuff. Still wondering if they did it tongue in cheek or it's actually for real. Watched the first 10 minutes for comedy potential - the painting of the bulldog with a pint of beer is just very - unexpected? Then the acute perspicacity shown with observations such as:

“The letters ‘H. O. M. E.’ are so important, because they personify the word ‘home’.”

b2duthie, thanks for taking and sharing the photo. Good to see the AM in situ and get a sense of weather conditions at the moment.