PLUS Markets GroupPLUS Markets Group ( is the 'next generation' stock exchange

Stock exchange

A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...

 based in London

London

London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, 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

London

London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

 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.

Leadership

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.

Financial results and strategic review

PLUS is quoted on the Alternative Investment Market

Alternative Investment Market

AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....

 of the London Stock Exchange

London Stock Exchange

The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

. It recently posted a pre-tax loss of £8.26 million for 2009, following a pre-tax loss of £10.20 million for 2008. 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

See also

• London Stock Exchange
  London Stock Exchange
  The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
  
  
• Alternative Investment Market
  Alternative Investment Market
  AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....
  
  
• Markets in Financial Instruments Directive

External links

• PLUS Markets website
• PLUS Markets website
• PLUS Rules for Issuers
• Plus set to relaunch as derivatives exchange
• PLUS MARKETS Response to the Public Consultation on the Review of The Markets in Financial Instruments Directive (MiFID)
• Plus Markets fails to impress on eve of move into derivatives
• Doubts hang over Plus’s future as an exchange