PLUS Markets Group | |
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Type | Stock Exchange |
Location | London, United Kingdom |
Founded | 2005 |
Key people | Cyril Theret (CEO) Giles Vardey (Chairman) Nemone Wynn-Evans (Chief Financial Officer) |
No. of listings | 1 listed and 166 unlisted [1] |
Website | plusmarketsgroup.com |
PLUS Markets Group (LSE: PMK is the 'next generation' stock exchange based in London, UK and is a market operator under MiFID Markets in Financial Instruments Directive, which operates both a regulated market and an MTF. PLUS is the holding company for PLUS Stock Exchange (PLUS-SX) and PLUS Derivatives (PLUS-DX). PLUS is a London based stock and derivatives exchange providing cash trading, listing, derivatives and technology services. PLUS delivers product innovation and competitive pricing to market participants by operating dynamic, low cost base exchanges. PLUS offers a neutral trading environment, wholly independent.
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PLUS Markets Group is run by Cyril Theret, formerly the business development director at PLUS. The finance director is Nemone Wynn-Evans, also a former business development director at the company.[2]
PLUS is quoted on the Alternative Investment Market of the London Stock Exchange. It recently posted a pre-tax loss of £8.26 million for 2009, following a pre-tax loss of £10.20 million for 2008.[3] It also announced the results of a strategic review, outlining plans to move away from its core retail market and develop a new platform with a view to trade more exotic securities, such as derivatives [4]