Launched in early April 2013 with the aim of tightening standards on ICAP’s ISDX Growth Market. Consultation page here; consultation paper here.
From the introduction to the consultation paper:
A NOTEPAD ON COMPANY AND FINANCIAL LAW, NEWS AND REGULATION
ICAP announced on 31 October 2012 the launch of its ”ICAP Securities & Derivatives Exchange” (ISDX). This new listings venue for small and medium-sized companies is a rebranding of the PLUS Stock Exchange, which ICAP bought for a nominal amount in June 2012 (as we reported here).
ICAP’s press release is here and the new ISDX website is here.
As with the old PLUS Stock Exchange, ISDX will operate two markets: