PLUS Markets

PLUS Markets
Formerly known as OFEX. An off-exchange share matching and trading facility, which is a prescribed market for market abuse and a recognised investment exchange. The facility originally aimed to attract small companies who did not wish to incur the expense of joining AIM.
PLUS Markets now operates two primary markets - the PLUS-listed market and the PLUS-quoted market. In August 2007 the PLUS-listed market was added to the list of regulated markets operated by the FSA. The PLUS-quoted market continues to be a prescribed market.
For further information, see the PLUS website .
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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