UK Equity and Debt Markets
UK equity markets
In the UK there are broadly four equity markets:
MiFID Regulated market? | Listed? | Applicable financial reporting rules | ||
---|---|---|---|---|
Main Market of the London Stock Exchange | Premium Listing | Yes | Yes |
LR DTR |
Standard Listing | Yes | Yes |
LR (a more limited set of rules than for a premium listing) DTR |
|
Alternative Investment Market of the London Stock Exchange (AIM) | No | No | AIM Rules | |
High Growth Segment of the London Stock Exchange (HGS) | Yes | No |
HGS Rulebook (link to London Stock Exchange website) DTR |
|
NEX Exchange Growth Market | No | No |
NEX Exchange Growth Market Rules for Issuers (link to NEX Exchange website) |
More details of the applicable rules can be found as follows:
- LR – Listing Rules
- DTR – Disclosure and Transparency Rules
UK debt markets
In the UK there are broadly three debt markets:
MiFID Regulated market? | Listed? | Applicable financial reporting rules | ||
---|---|---|---|---|
Main Market of the London Stock Exchange | Retail debt | Yes | Yes |
LR DTR |
Wholesale debt | Yes | Yes |
LR (a more limited set of rules than for a premium listing) DTR |
|
Professional Securities Market (PSM) of the London Stock Exchange | No | Yes |
LR |
More details of the applicable rules can be found as follows:
- LR – Listing Rules
- DTR – Disclosure and Transparency Rules