Plus Markets Group Share Discussion Threads

[old thumper] 10/12/2012 13:49

harry,

Yes I'll make you right around that level.

If the others eg BATS etc and of course the press when get their RIE's may highlight how cheap Icap got their's.

And bad press is good news, well for us anyway!

[harry f] 10/12/2012 12:39

thumper

i think the easiest way to describe it is.

amara invest in 2009 at 7.5p; their investment was roughly split:

3p a share tangible assets. (balance sheet)
4.5p a share intangible assets. (off balance sheet)


by mid 2012 (post sale) the position is roughly split:

0.4p a share tangible assets, (shareholder funds after cashburn, sale fees, proceeds from the sales, director payoffs)

? a share tangible assets (sold with ts and sx) (transfers from sx to ts and what was sold with sx)

4.5p a share combined intangible assets (sold to icap and forum for approx 0.2p/ share).


in summary (0.4p + ? + 4.5p)*386m = £20m+

from this, shareholders received £1.5m

[old thumper] 10/12/2012 09:14

pjw,

Ah! yes it was BATS, thanks.

Let's keep on fighting as a injustice has happened and I don't take those likely (when it costs me) and I'm sure many of us will agree (not about my money bit).

[pjw1956] 10/12/2012 07:03

GMEX even use the same image of St Paul's thats on the Hamish Harris nivalis capital site



Press home

(Edit) Global Markets Exchange Group is a new palyer?

We aim to do this through a new approach to all aspect of exchange operations and capital movoment around the world?

Consultation on all aspect of their business, including Cearing, Regulation?

we aim to make pour clients partners in every aspect of the business we help with.?

_______________________________________________________________________

Press who we are button

Global Markets Exchange Group is a new palyer in the global financial markets.

Our aim is to provide solutions to the increasing challenges found in international markets.

We aim to do this through a new approach to all aspect of exchange operations and capital movoment around the world

we aim to make pour clients partners in every aspect of the business we help with.

We aim to help our partners develop robust businesses, enabling them to remain independent, and grow their businesses in conjunction with their clients

We provide these solutions through

Consultation on all aspect of their business, including Cearing, Regulation etc - GMEX

Technology - GMEX TECH

Product innovation - GDI

Liquidity provision - GSX, GDX, GCX

Access to developed economy OTC to CCP Exchange traded markets - LDX

[pjw1956] 10/12/2012 06:46

I found this from July 2011,

"Misra said he has been approached to provide consultancy services to a European trading venue and a broker-dealer"



I wonder who the broker-dealer was?

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Old Thumper 7 Dec'12 4516 "Also, talking about RIE's and off the top of my head wasn't one of the Yank's markets were trying to get a RIE out of the FSA by Christmas, perhaps they're difficult to get hold of as I've heard nothing."

I think you mean this Old Thumper

Bats in talks with FSA over exchange licence

Tim Cave
10 Sep 2012

Bats Chi-X Europe, the region�s largest share-trading platform, is seeking official exchange status from the UK�s Financial Services Authority, Financial News has learnt.
Bats in talks

If successful, the move would open up a new front in Bats� battle with the London Stock Exchange and other European bourses.

The operator has been in discussions with the FSA since May to obtain a recognised investment exchange licence, according to a source familiar with the situation. The approval process for an RIE, under which all exchanges must operate in the UK, is typically six to eight months, the source said, meaning Bats may be able to offer listings services by the end of this year.

A Bats spokeswoman said: �We are exploring the requirements and process to obtain RIE status.� The FSA declined to comment.

The licence, which would be the sixth ever issued by the UK regulator, enables the holder to offer listing services for a range of financial instruments including equities, derivatives, bonds and commodities. Bats is likely to seek approval for equities and derivatives contracts, the source said.

Bats first revealed plans to create a European listings venue in February in its IPO filings with the US Securities and Exchange Commission. It said its acquisition of rival Chi-X Europe �would provide us [with] additional opportunities, including... registering as an exchange, which we intend to pursue in 2012�.

Bats finalised the $365m deal with Chi-X Europe last December, and the merged venue now accounts for about a quarter of European equities trades.

The Kansas City-based operator launched a US listings exchange, called BZX, in January, with a series of iShares exchange-traded funds. Its high-profile foray into US corporate listings, by listing itself on BZX, had to be cancelled in March following a technical glitch.



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Talking of "FSA Authorisation"

Global Markets Exchange Group Ltd

Global Markets Exchange Group

Global Markets Exchange Technology

Global Derivatives Indices

London Derivatives Exchange

Global Securities Exchange

Global Derivatives Exchange

Global Commodities Exchange

Global Markets Exchange Group is a new palyer in the global financial markets.

Our aim is to provide solutions to the increasing challenges found in international markets.

We aim to do this through a new approach to all aspect of exchange operations and capital movoment around the world

we aim to make pour clients partners in every aspect of the business we help with.

We aim to help our partners develop robust businesses, enabling them to remain independent, and grow their businesses in conjunction with their clients

We provide these solutions through

Consultation on all aspect of their business, including Cearing, Regulation etc - GMEX

Technology - GMEX TECH

Product innovation - GDI

Liquidity provision - GSX, GDX, GCX

Access to developed economy OTC to CCP Exchange traded markets - LDX



FSA Authorisation: Pending

Global Markets Exchange Group Ltd Registered in England and Wales
Company Number:

A Division of GMEX LLP Registered in England and Wales
Company Number:



GLOBAL MARKETS EXCHANGE GROUP LIMITED

Vijay Angelo
Anthony Harrop
Hirander Misra



______________________________________________________________________
______________________________________________________________________

I notice that the words "to a number of trading venues" now appear on the "Strategic Partnerships" section of the TS site.

"Forum currently provides managed trading services across exchange technology and technical operations to a number of trading venues, including the ICAP Securities and Derivatives Exchange (ISDX), which is one of only 5 Recognised Investment Exchanges in the UK overseen by the Financial Services Authority."

[nitaroo] 08/12/2012 14:31

"...but just something to think about..."
Yeah. If you have heaps of time on your hands, like serving a life sentence or something like that. All others, however, please beware: Tempus fugit.

[harry f] 08/12/2012 09:50

i don't know really thumper, all i know is that there does appear to be value in the critical mass presence as pjw posted, i always thought there was. having it may allow a lot of options such as expanding on the market they have or moving up into higher value listings. after all at the moment the lse have it all sewn up as far as i can see domestically so must be making some kind of supernormal profits.

the rie = £4m argument is the bogus one when you think about it, £4m is the price if you can get one, if you cant then whats the value?


one other angle ive been thinking of. as this has gone on for so long i cant remember if it's been discussed in any detail before, and thats related party transactions.

i don't want to spend a massive amount of time digging into the prescribed rules but i've been wondering is the sale of sx should have been designated a related party transaction? after all 2 bits of the company were sold and the success of one part (ts) was subject to sale of sx which it had a pre arranged contract with of undisclosed value. intuitively one would think if one bit is heavily connected to another bit which is a related party then that may be connected too.

not massive by any means but just something to think about.

[old thumper] 07/12/2012 14:57

The recent losening of ISA's to AIM stock's and to (Other Markets) that sounds good timing for Icap, perhaps it was dreamed up about a year ago over a G&T with Capt Pasty. No, surely I talking out of my bottom :-)

Also, talking about RIE's and off the top of my head wasn't one of the Yank's markets were trying to get a RIE out of the FSA by Christmas, perhaps they're difficult to get hold of as I've heard nothing.

[old thumper] 06/12/2012 15:57

pjw,

"No Atkins ?" Ah! that's sad, but he never seemed to have reason to be in Forum anyway.

[pjw1956] 06/12/2012 14:22

Load Officers not working

FORUM TRADING OPTIMUS LTD

Hirander Misra
Appointment Date: 03/12/2012
Position: Director





FORUM TRADING OPTIMUS LTD

Anthony Richard Peter Harrop

Appointment Date: 03/12/2012



Address:
16 ST MARTIN'S LE GRAND
LONDON
LONDON
EC1A 4EN
GB


No Atkins ?

[daytraders] 06/12/2012 12:04

No, name change, i set up a new thread here

[tivoliworldgaming] 06/12/2012 11:56

Is this share currently suspended?

[squirrel888] 05/12/2012 19:52

Harry - Sidevalve found it but I thought I'd share and I'm glad it gave you a laugh.

PJW = good post. I wonder how things will unfold going forward. Looks like the SME sector is going to be given credence and protection. OR that's what it looks like.

I think I am probably not the only one now thinking - "what is going on - really".

I just don't know anymore (talking exchanges, SME's etc.).

As for our new company hopefully we are on the right continent and can make a bargain scoop. Let's face it - bargain scoops have been known before - haven't they Harry?

I've got the chance of promotion already - not sure I want it..........

[harry f] 05/12/2012 09:40

good find squirrel.

keep your eyes peeled over the next few weeks and see if the name freddy krueger crops up as a director, if it does then this could be a nightmare on queen street.

[harry f] 04/12/2012 11:01

and... i dont think dr col is merely an off the shelf incorporator, looks to be too much about him. "off the shelf" examples below





that said as one of the articles says the time from incorporation to being able to trade has now reduced so much their appeal is limited.

my guess is that the company was setup on behalf of the current directors but they didnt want to disclose it until now for whatever reason.

[harry f] 04/12/2012 10:54

i don't know pjw. there's so many companies floating around im not sure what i think anymore, it's starting to remind me of Enron. why for instance did they need to set the gmeg companies up when the sdc ones appeared to be very much the same?

why would somebody do this for gmeg? setup the company, appoint another director(*), increase authorised share capital from £1k to £50k and then on monday changeover all the directors?




that EC3V address looks to be a mail forwarding service, see the address section here.



but the names are definitely very similar.


(*) above - looks like johnston was a founder director because his specific appointment is not listed separately but he is subsequently terminated. for rifaat it's different.

[pjw1956] 04/12/2012 10:19

Coincidence?

GLOBAL MARKETS EXCHANGE GROUP LIMITED

Filed on: 3 Dec 2012
Form: TM01 - Ending appointment as Director
APPOINTMENT TERMINATED, DIRECTOR COLIN JOHNSTON

Filed on: 3 Dec 2012
Form: TM01 - Ending appointment as Director
APPOINTMENT TERMINATED, DIRECTOR OSMAN RIFAAT



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Similar name

Global Market Group Limited


Company Secretary
Tricor-ATC Europe LLP
5th & 7th Floor
52-54 Gracechurch Street
London
EC3V 0EH
United Kingdom


About Tricor ATC LLP


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SRC CAPITAL LLP

Mr Alexander Shyla
Dr Colin Ian Johnston
Mr Osman Cherif Rifaat

5-Th Floor
52-54 Gracechurch Street
London
United Kingdom
EC3V 0EH


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Colvir Software Solutions

Dr Colin Ian Johnston

7th Floor 52/54 Gracechurch Street, London EC3V 0EH, UK


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ESTION CONSULTING LLP

Mr Alexander Shyla

7TH FLOOR TRICOR
52-54 GRACECHURCH STREET
LONDON
EC3V 0EH
GB

[harry f] 04/12/2012 10:15

no idea whatsoever at this end, it could be anything from a list of 5 or 10 things, and maybe 2/3 things could be occurring at the same time.

i don't think its right to say bruce knew what the plan was. ok he'd have known things were amiss and like me maybe anticipated corrective action was a possibility or inevitable but i didnt get the feeling he knew what any plan was.

i think whatever our guys do it will be the right thing in the interests of shareholders, i just hope they dont go diluting prior to any news as if the reason for issuing shares is in consideration for services i believe we should know in detail of these services beforehand.

i just hope icap stay away from our guys because the genie needs to be let out of the bottle.