Stock Exchange Faces a Pounds 2.5m Ofex Challenge

Summary


THE junior Ofex stock market plans to launch a system for trading shares listed on the Alternative Investment Market in a direct challenge to the main London Stock Exchange.

The plan came a step closer last week as Ofex's parent company, Plus Markets Group, won approval from its own investors to raise Pounds 2.5 million in a share issue.

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Extract


Stock Exchange Faces a Pounds 2.5m Ofex Challenge

Ofex chief Simon Brickles, who previously headed Aim, has said the cas...

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