Dealing in ST Shares

Dealing in Spectrum Technologies PLC Shares


SHAREMARK


Spectrum Technologies PLC shares are traded on ShareMark.

Originally developed to provide an internal market for Share plc shares, ShareMark is a ground-breaking share-trading facility for small and medium sized companies. It aims to be low-cost, simple, accessible and highly visible.

ShareMark, is operated by The Share Centre Ltd., a member of the London Stock Exchange and authorised and regulated by the Financial Services Authority. It is different to other markets (i.e. PLUS, AIM, the London Stock Exchange) because it operates through an electronic auction market, matching buyers and sellers at a single price, thus there is no bid/offer spread on ShareMark stocks. Auctions for Spectrum Technologies shares will occur monthly.

The auction price for a stock is set by an algorithm, which forms a price through the analysis of available supply and investor demand. Orders are submitted directly online by a broker and can then be deleted or amended right up to the pre-determined cut-off time on the date of the auction. Investors can purchase shares traded on ShareMark in much the same way as any other listed stock i.e. through a stockbroker. Price limits are set for both buy and sell orders. Value orders allowing investors to invest a pre-determined sum, can also be set. Auctions then take place after a Compliance Review, during which The Share Centre's Compliance Department audits activity and so ensures a fair price is struck.

Click Here For Share Price.