Dual trading

Our dual trading service allows companies admitted to AIM and PLUS to also trade and complete a fundraising on Sharemark. 

Unlike other stock markets, we operate an order-driven system which eliminates bid/offer spreads and auctions shares at a single price - potentially making buying and selling shares cheaper for your shareholders. 

By providing your investors with an order-driven system alongside existing quote-driven mechanisms, you can:

• further help raise your company's profile
• help increase your firm's liquidity
• broaden your shareholder base

How does it work?

Limit orders placed via The Share Centre sit within the Sharemark order book and are tested against the senior markets to see if they are executable on one of those platforms. If a limit order can be dealt on a senior market then the trade will take place and the order will be removed from Sharemark.

Market makers themselves can view the order book and deal any possible trades. However, in the event that an order is not executable on the senior market, then it will remain on Sharemark and be tested in the next available Sharemark auction. All auctions are conducted after the close of the senior market so as to prevent Sharemark taking liquidity from those markets.