An independent public market specialising in small to medium sized European businesses, and regulated by the Financial Services Authority. Many businesses float on OFEX as a stepping stone to the AIM market
OFEX is an unregulated trading facility established by the stock broking firm JP Jenkins in which shares of smaller companies may be bought and sold.
an unregulated market for small UK companies to raise finance, and stands for 'off exchange'. Due to lack of liquidity, it is often the case that if you want to sell an Ofex stock, there must be someone prepared to buy it (known as dealing on a matched bargain basis)
A market for small UK companies run by a broker, and not by the London Stock Exchange. It can be very difficult to trade in shares on the OFEX market. It's not a place for those looking for their first investment.
OFEX, an independent market, is cost effective for companies of the size of anything up to 20m. Fundraisings tend to be in the range of 300,000 to 4m, averaging around 1.5m
The UK's independent market focussed on small and medium enterprises from around the world.
An unregulated stock exchange for trading shares of smaller companies.
A trading facility for those companies that are unable to, or do not want to, be admitted to the LSE markets. A market in the constituent shares is principally made by just one market maker, JP Jenkins Ltd., and stockbrokers have to approach them if they want to deal in OFEX companies. There is very little investor protection and the OFEX market must be regarded as extremely high risk. Since the market is not very liquid it may not be possible to buy or sell shares at the optimum time.
The abbreviation for Off Exchange. This market is London based and lists shares that are of low risk and are not too well known. It first was introduced by J.P. Jenkins Ltd in October 1995. It is the third stock exchange in the UK.
An informal market in shares in private companies, subject to far fewer regulations and controls than AIM or the LSE and inhabited by very small, highly risky businesses some of which eventually graduate to AIM.
The OFEX market is a prescribed market under Section 118 of the Financial Services and Markets Act 2000. It provides a secondary market for the trading of unlisted and unquoted securities in the UK off exchange. It can provide a stepping stone for young companies to Aim or Full Listing.
The OFEX market is for smaller companies. Very few brokers offer trading on the OFEX market, therefore an bid-offer spreads are very great
A market maker for shares in member companies - not a full stock exchange listing.
An unregulated, off exchange, alternative to the official Stock Market, organised by JP Jenkins Ltd. and targeted at smaller companies, with a potentially higher risk, but consequent prospects of greater reward.
A facility which permits London Stock Exchange member firms to enter into matched bargains for securities which cannot be traded on the Stock Exchange itself. It is not a regulated market, although Stock Exchange member firms must comply with any relevant rules set up by the Stock Exchange or the Securities and Futures Authority (SFA).
