OFEX

AcronymDefinition
OFEXOff Exchange (Over-The-Counter Market established in 1995, Specialising in Smaller Companies)
References in periodicals archive ?
Sam founded OFEX on the belief that any e-commerce business could develop a global presence and exploit the potential in new markets and territories overseas, but without spending a fortune on marketing, infrastructure and logistics.
The reasons for the debt reaching its current level were given in a statement issued via OFEX.
OFEX stands for "off-exchange", which means it is not regulated by the Stock Exchange.
That creates a vacancy for OFEX to serve smaller fry.
The company was incorporated in 1992 and joined OFEX three years later.
Unlike London Stock Exchange's markets, OFEX operates through one principal market maker, JP Jenkins Ltd, an experienced SFA registered firm specialising in smaller companies.
Wynnstay said it would withdraw from OFEX, the most junior of the UK stock markets, upon admission to AIM.
The Government should: Review this issue with a view to aligning the UK with the majority of other European jurisdictions, particularly in view of the recent agreement to merge the CREST and Euroclear settlement systems; If the Government is not prepared to abolish stamp duty the n,as a first step,it should consider removing the duty altogether from bargains below pounds 5,000,exempting corporate mergers and acquisitions from stamp and fixing a maximum duty payable on any one bargain; and Removing stamp duty on AIM and OFEX stocks to encourage investment in smaller quoted companies.
The Government should: 8 Review this issue with a view to aligning the UK with the majority of other European jurisdictions,particularly in view of the recent agreement to merge the CREST and Euroclear settlement systems; 8 If the Government is not prepared to abolish stamp duty the n,as a first step,it should consider removing the duty altogether from bargains below pounds 5,000,exempting corporate mergers and acquisitions from stamp and fixing a maximum duty payable on any one bargain; and 8 Removing stamp duty on AIM and OFEX stocks to encourage investment in smaller quotedcompanies.
Franconia Minerals Corporation trades on both the TSX-V in Canada and OFEX in the UK under the symbol FRA.
The OFEX membership committee yesterday approved the application from Close Brothers Group subsidiary Winterflood Securities to join the OFEX market place as a 'specialist' market maker member.
The market for small companies OFEX announced plans yesterday to list on the Alternative Investment Market later this year.