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unlisted securities market

   Also found in: Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
unlisted securities market
n
(Economics, Accounting & Finance / Stock Exchange) a market on the London Stock Exchange, established in 1981, for trading in shares of smaller companies, who do not wish to comply with the requirements for a full listing Abbreviation USM
Translations
unlisted securities market
nFreiverkehr m


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AIM has seen 3,000 companies list on it in the 15 years since it was created to replace the Unlisted Securities Market.
CHIEFTAIN'S HISTORY 1979: Incorporated 1988: Floated on now defunct unlisted securities market 1994: Bought Newcastle-based engineer R Blackett Charlton 2004: Floated on Alternative Investment Market (AIM) 2005: Moved into mechanical services 2006: Purchased assets of Stockton valve repair firm Bringover Ltd
Meanwhile, the Unlisted Securities Market, set up in 1981 to trade shares of smaller companies, has been replaced by the Alternative Investment Market.
 
 
 
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