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Encyclopedia > Unlisted Securities Market

The Unlisted Securities Market (USM), which ran from 1980 to 1996, was a stock exchange set up by the London Stock Exchange. It served a market for shares of companies too small to qualify for a full listing. 1980 is a leap year starting on Tuesday. ... 1996 is a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... The Source by Greyworld, in the new LSE building The London Stock Exchange (abbreviated LSE) is a stock exchange market located in London. ...


[1]  (http://www.finance-glossary.com/terms/unlisted-securities-market.htm?id=1498&ginPtrCode=00000&PopupMode=false)


  Results from FactBites:
 
"Unlisted securities" Definition (150 words)
A limited number of unlisted securities have traded since 1980 on the unlisted securities market (USM) which however closed at the end of 1996.
The USM was replaced by the alternative investment market (AIM).
Unlisted securities - Shares (usually in small companies) which are not listed on a Recognised Investment Exchange.
  More results at FactBites »


 

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