PLUS-Europe Market Makers Now Able To Quote In All AIM Securities

PLUS-Europe is designed to meet long-standing customer demand for a market model which is specifically tailored to the needs of liquidity providers in small and mid-cap securities. The benefits of the quote-driven system offered by PLUS-Europe are that it:
- does not involve any of the order management responsibilities imposed by other markets in AIM securities which are based upon order-book models; and
- does not impose any fees in relation to the trading activities of market makers, such as stock registration fees.
Market makers are able to use PLUS-Europe as their main quotation venue for AIM securities in preference to the pre-trade transparency services of other markets which are less suited to small and mid-cap stocks. PLUS-Europe is a quote driven market operated by Bayerische Borse in partnership with PLUS Markets and which opened for business on 6th February 2009.
PLUS-Europe provides an attractive venue for market makers to meet all their pretrade transparency needs, to facilitate their voice-based and electronic AIM trading business.
PLUS-Europe offers market maker members the ability to display quotes in the full range of AIM securities. These quotations are disseminated by all leading market data vendors in London, as a full alternative to the pre-trade transparency services of other exchanges.
While volumes are growing on throughout PLUS range of markets generally (at a time when other platforms are contracting), PLUS-Europe offers a superb new venue to meet pre-trade transparency needs in all AIM securities, in a more efficient manner than has previously been possible.