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.
Ofex facilitates over-the-counter trades that are off-exchange. The exchange is unregulated and contains relatively small, new companies. As such it presents a higher risk proposition than investing in AIM or FTSE listed companies.Found on http://www.encyclo.co.uk/local/20416
See the PLUS market.
Found on http://www.encyclo.co.uk/local/20606
Ofex is the UK's independent public market, dedicated to smaller companies, and based on a... <a target=_blank href='http://www.finance-glossary.com/terms/Ofex.htm?id=1599&ginPtrCode=00000&PopupMode=false' title='Read full definition of Ofex'>more</a>
Found on http://www.finance-glossary.com/pages/home.htm
A British share trading and information service that enables investors to buy and sell shares in companies whose shares are not traded on the London Stock Exchange.Found on http://www.digitallook.com/dlmedia/help/1004/glossary.html
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.Found on http://www.natweststockbrokers.com/nw/glossary.ashx
No exact match found