Hot stocks gain euro launch pad
Article Abstract:
Seven European stock markets have been set up geared to growth companies, in additions to the Alternative Investment Market in the United Kingdom. There is Easdaq, covering Europe as a whole, the Noveau Marche in France, Neuer Markt in Germany, Nieuwe Market in the Netherlands, Finance in Time market in Austria, Developing Companies Market in Ireland, and EuroNM in Belgium. The new markets offer opportunities to companies that would otherwise find finance more difficult to obtain, and they have set up efficient systems for trading and settlement.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
New trading system under starters' orders
Article Abstract:
The London Stock Exchange is launching a new trading system on Oct 20 1997 which initially only affects stocks in the 100 largest companies quoted on the stock exchange. The change involves a move from a quote-driven system to an order-driven system and should reduce average spreads which could drop to 0.2% from 0.6%. The number of market makers will be reduced but they are not likely to disappear altogether. The move means that the London exchange will confirm to practices in other major exchanges and more foreign investors should be attracted.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Hi-tech firms take the US high road
Article Abstract:
UK hi-tech firms are seeking US listings and some 60 companies are represented on Nasdaq. Some UK companies have gone directly to Nasdaq rather than seek a UK listing first. Nasdaq offers analysts which have skills in assessing growth shares, and UK companies can join others involved in similar activities which allows investors to assess the industry more easily. There are some disadvantages such as the need for quarterly reporting rather than half-yearly as in the UK.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The year ahead. Determinedly fighting the auditors' corner. Will IFAC pick up the reins from ISAR?
- Abstracts: Systemic risk in the netting system. On the determinants of bank interest margins under credit and interest rate risks
- Abstracts: Utilitarian approach. Power to the people. Energy: prices to be brought into line with costs
- Abstracts: Tax Court's second decision in Brown Group illustrates usefulness of anti-abuse regulations. International Developments
- Abstracts: Not all frozen wastes at Iceland. Iceland. Hurry while stocks last