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Plus CEO: Room for two Exchanges in London

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Plus CEO: Room for two Exchanges in London

Published: Tue, 3 Nov 2009

Description: Plus Markets CEO Simon Brickles on the state of business as a competing exchange in London.

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Automatically Generated Transcript (may not be 100% accurate)

" Everybody who ever since the credit crunch hits investors have had a hard time figuring out the markets but. What about the markets themselves someone about the small cap exchanges would joining us this morning assignment Rickles he -- the CEO. Plus markets group the stock exchange here in London that. -- trades to some 8000 UK and European security -- good morning to you. Thank you for coming in plus market so how's business going."

" Well yeah actually four Oz volumes I was positive that -- I -- business schools and his fingers across posts ways you can call it. Lonely users won't these camps out he administered real cool levels of course that's not being translated into the IPN market yes and no longer term. I understand this is not going to -- that. And finance is not going to be the whole slew of Newcastle -- reasonably comfortable that opposition and could just incidents."

" he'd been around for a -- two years now how do you compete with that any new alternative. Investment markets that must have a pretty big profiles it doesn't mean we can be and why couldn't outstanding TV -- the -- narrowed field and we have the majority training and hundreds of any securities. Even in the normal all of them trained the good old fashioned July -- them now that there are efforts that. We -- fifty cents on days of the normal of the trading in main securities that left. Pretty comfortable about that position that you know what we're really doing is making them on them hide -- yes I say united -- and there is room for -- brokerage exchange and on the nominees that big is central international finance. This kind of room for the both of us. How much market have you taken -- market share is taken away from the Odyssey well interest in the dead -- size of the -- has grand we nowadays that typically trade at half the UK retail markets and we've been taken the analysts see in normal order book trade -- the -- got a comfortable position. Then there was this dispute kinda stay with the policy at some point earlier this year's test result the world training now I think we're all focused on bringing more companies in them on the market. Recently leasing company is coming from China. From the needs of these entries and office Indian company so I think. -- it's not that much about grind. London's trading. -- IPO market to expect alleges within the stock exchange's I missed probably a web busy on the day job actually concentrate -- Menendez volumes out getting a new company isn't salaam and very good site typical CEO of the past month is good thank you so much coming into continued success to you fiscal back to -- URS EP TWR. "

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