Raising equity for local SMEs, Investbx incorporates a stock market for West Midlands based companies.
Some stocks listed on the London Stock Exchange, traded on the Alternative Investment Market or certain other markets may also be dealt via Investbx.
Showcasing West Midlands based companies, which are already listed on existing markets, will help to raise the profile of emerging businesses in the region.
SMEs can join Investbx alongside some of the most successful entrepreneurs and ambassadors in our business community today.
Dual trading with Investbx provides the opportunity for orders which cannot be met within the bid/offer spread on these markets to be included in the regular Investbx auction for that stock.
Buy or sell orders placed 'at best' or at an immediately achievable limit are dealt directly on the primary market on which the company is listed.
Where a limit order cannot be dealt immediately it is placed on Investbx, where it will be continually tested against the primary market price and goes to form the order book for the next Investbx auction.
Hence, there is the potential to match buy and sell orders from investors outside of the primary market system. Typically these will be orders where limit prices have been set within the quoted bid offer spreads.
In essence, therefore, your order to trade will be executed through whichever market first enables you to trade at your required price level.
This innovation enables investors to buy or sell such stocks at a price which may otherwise have fallen within the bid/offer spread quoted on a different market.
