Last checked at 12 Nov 2007 08:29
PLUS Markets Group plc
12 November 2007
Successful launch of new trading platform
On 30 April 2007, PLUS Markets Group plc ("PMG" or "the Company") confirmed it has entered into an agreement with OMX Technology Ltd, a subsidiary of OMX AB ("OMX"), under which OMX would provide technology to PLUS to support its enlarged market offering.
The technology to be provided under the agreement was to comprise a highly scalable trading platform, combined with an integrated market surveillance solution, with a view to the launch of an enlarged PLUS market offering at the beginning of November 2007.
The Company is pleased to confirm the successful launch of its new trading and market surveillance technology. The range of securities available for trading on the PLUS market has extended from small and mid-cap companies to full coverage of all London-listed shares including the FTSE 100.
The Company's trading services offering has expanded significantly, allowing investment firms to meet their execution, reporting and transparency needs under MiFID in an efficient and cost-effective manner via PMG's on- and off- exchange quote-driven services.
Additionally, five new investment firms have recently become members of the PLUS market, bringing the total number of trading members on the new platform to 53.
For further information, please contact:
Brian Taylor / Nemone Wynn-Evans 020 7553 2000PLUS Markets Group plcJohn Parry 020 7490 8062Rostron Parry (PR enquiries)Nick Westlake / Charles Farquhar 020 7260 1000Numis Securities Ltd (Nominated Adviser)
PLUS Markets Group plc