Insurance brokers are to be given the chance to buy shares in Broker Direct through alternative trading market ShareMark.
Broker Direct signed up to ShareMark to avoid the costs of an OFEX lis ...
Insurance brokers are to be given the chance to buy shares in Broker Direct through alternative trading market ShareMark.
Broker Direct signed up to ShareMark to avoid the costs of an OFEX listing, and, to avoid the potential presence of a bid offer spread.
The Share Centre chief executive Gavin Oldham said: "There is a real demand from growing companies for an efficient way of trading shares and raising finance without the hassle and cost of OFEX as well as the bid offer spread that goes with it.
"The fact that we're signing up more and more new companies is an encouraging confirmation of ShareMark's suitability as an alternative trading system."
Broker Direct distributes and services general insurance nationwide.
